Freeport-McMoRan (FCX)

[eddy2]

https://www.investopedia.com/terms/w/warrant.asp

Watch out below.

This instrument is often associated with a preferred share offering. They can be traded separately or held by the issuing a par value to the outstanding shares.

Do your DD and know what your buying. They are often sold to increase liquidity to the company.

You purchase two shares and recieve one warrent to purchase the stock at a later date at a price that is less then today’s trading price.

Going back over previous posts from the group you will take note as to how retained earnings and capital surplus along with the outstanding increase the outstanding shares along with deferred tax’s ie” treasury stock”.