@tan5995 Good return 10% in just 2 days! But not necessary to sell at this price. This is just beginning. It should be much higher upon listing of the warrent.
kfliau, yeah, l know. but even exercise pricing, is also too over, and that's impossible. wondering how they calculate... sure it will drop, as there's no one hold warrant
@yip1983 For new warrent, it's normal to expect about 40% premium over the mother depending on the duration. If warrent price is 25 cts, add 60 cts conversion making it 85 cts. Dividing by today's closing price of 62 cts gives you a premium of 37%.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kingcobra
2,772 posts
Posted by kingcobra > 2019-11-29 09:48 | Report Abuse
poor quarter results! better look elsewhere....gonna drop further.........