Theralase Technologies Inc. V.TLT

Information on Warrants (Current Ask of .215)

[prospector001]

Anyone know the strike price and expiration date of the warrants currently trading? (TLT.WT)?

Depending on the terms, they look like a viable option.

GLTA!

[robertshaw]

strike price 0.35, exp:08/22/2024

[menoalittle]

>> strike price 0.35, exp:08/22/2024 the excercise price is C$ 0.35 (which is technically different than a "strike price")

[prospector001]

OK thanks! A long expiry date - I like that! It makes them a better "buy and hold". Take Care

[DJDawg]

What's the math on this kind of thing. Buy 1 warrant today at 0.215 today At some point exercise the warrant by paying 0.35 cents and get one share in return So essentialll paying 0.35 + 0.215 for a share. Equals 0.565 Why not just buy a share today for 0.355-0.36 (today example) Perhaps I don't understand how warrants work?

[chry200030]

Yes. But by that time the shares could be worth 2.00 and the warrants 1.65.  So if you paid .21 for the warrants and sell them for  cash you have a nice gain. If you exercise the warrants into shares youi pay .35 + the warrant fo you gat 1 share (now 2.00) for .35 plus the warrant.

[DJDawg]

so people profit by selling the warrants more than for exercising them? that is the best utility?

[Rumpl3StiltSkin]

As a Canadian you have a choice to exercise them, then you have shares, or simply sell the warrants for $$$$. But you have to sell the warrants the day before the final exercise date. So 8/21/224. As an American that owns a buttload of warrants I have to sell them, I can't exercise them.

[CAinPlap]

Using shareprice of .36 and warrant price of .21, I calculate .84 as the shareprice above which purchasing warrants yields a better return.

[Rumpl3StiltSkin]

True, If you buy all your warrants at todays price and you expect TLTs price to stay below .84c between now and 8/22/2024. Heck I think we could see .84c this year. The warrants would still have a ton of time value in them in that case...

[99942Apophis]

Rumpl3StiltSkin wrote  True, If you buy all your warrants at todays price and you expect TLTs price to stay below .84c between now and 8/22/2024. Heck I think we could see .84c this year. The warrants would still have a ton of time value in them in that case... Totally agree Rumpl3StiltSkin on your speculation, in fact I would say many here wouldn't be at all surprised for a good move

[Rumpl3StiltSkin]

Yep Pop, The data should be there, I think this momentum continues..

[CAinPlap]

Assuming the results of properly treated patients continue to come in as per our expectations, one or 2 more quarterly updates could/should get us there. I have been this excited before(PTK) but that didn't pan out as expected. I'm excited but realize things could still go south so cautiously optimistic.

[Mikee3003]

CAin - Agree, next couple quarters we will have our answer for bladder, one way or the other. I to am very optimistic on the outcome however there are a lot of moving parts going forward. If we had that 100% certainty behind us at this point our share price would be many many multiples of our current price. That being said I just can't wrap my head around the fact that we are trading in this

[Infinity]

$1 is a low expectation for this share.   Yes it is a realistic number and should reach easily as soon as we have Positive news on the Break through designation from FDA.  BTD is a GIVEN for this TLD 1433.  2022 is the year that is going to bring recognition and reward to all the stake holders in TLT...............GLTA

[prospector001]

It just depends on the longer term price appreciation of the stock. If the price in two years has appreciated significantly (ie. dollars vs. $0.36 currently), warrants give you more leverage since you can buy more of them for the same amount of capital vs. shares. The longer the term of a warrant, the more potential for this price appreciation to occur.  The fact that the warrants are as