Ally, I know the warrants will be given free to shareholders holding during the ex date. I’m talking about folks exercising their warrants. Exercising warrants will affect the mother share price. Perhaps the word “adjustment” is misleading
Usually warrant will trade at "out of the money condition". I never see a fresh warrant trade at "in the money condition". Unlikely someone go and convert his/her warrant to mother share at this period. Exercising warrant wouldn't affect mother share price performance.
No point to exercise the warrent. They operator will have to goreng up the warrent by lifting the mother si that they can run out. The leverage from the warrent will give you much higher capital gain
Worthwhile to accumulate more as I reckon warrants will be listed at least 0.60. You need to wait 2 trading days tho to reach the 0.60 as 1st trading day Warrants will limit up at 0.305.
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I agree with Ally. SCIB now is no longer a counter for contra traders. I contra/day traded this late last week (and a bit this Mon)
Buy now and hold to get the free warrants. And then hold on to those warrants when you get them, don’t exercise even if the warrant date listing comes out (which hasn’t been announced)
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anthonytkh
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Posted by anthonytkh > 2021-01-19 15:31 | Report Abuse
Ally, I know the warrants will be given free to shareholders holding during the ex date. I’m talking about folks exercising their warrants. Exercising warrants will affect the mother share price. Perhaps the word “adjustment” is misleading
Buy and hold if you believe in SCIB