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Re: mypenneys post# 408537

Tuesday, 11/18/2014 11:37:51 PM

Tuesday, November 18, 2014 11:37:51 PM

Post# of 730212
That's not how warrants work. KKR is already "given" shares at $1.43, no matter if the price is $0.50 or $50.00. Now, why would you execute warrants at a lower or similar price that you're given? There's no profit to be made. KKR would only execute the warrants at a higher price than the $1.43, similar to that of an option call.
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