Vanguard Natural Resources Inc. (fka VNRRQ)

[ologun]

No.
They believe they will make a good profit from these warrants. So, conservatively a 20/30% above strike.

To be perfectly clear. Per 10Q filed Nov 2018, the common warrants have a strike price of $61.45. This means that holders of these warrants, if conservative, expect price to close north of $73.74 (20% ROI) or $79.89 (30% ROI).


Remember, these expire February 1, 2021. So investors who purchased these warrants expect positive price movement well before this expiration date.