Q: Puzzled!! These wrts expire in June 2022 with an exercise price of 1.00, less than a year, and fairly well bid at .12cents. So the wrts are expecting the stock , now at .27cents to quadruple+ before expiry! What am I missing here as the stock has had a poor year, trading near its low. Company says they have been restricted by Covid-19.
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Investment Q&A
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Q: these warrants seem very expensive around .20 with an exercise price of 1.00 and only 11/2 years to go. Are they suggesting that the stock will be +$1.20 a year and a half from now or sooner? Thoughts ? Thanks
Q: what are the terms of these warrants? exercize price; maturity, etc. Thanks