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Re: StevieT post# 732

Monday, 05/20/2019 12:26:37 AM

Monday, May 20, 2019 12:26:37 AM

Post# of 3701
Common vs warrants.

In 90% of the cases, warrants are priced at a fraction of the Common price. But, if the warrant has a low strike price, and it does not expire for many years, there can be inequities.

Look at BNGO and BNGOW. The Common is $3.15, and the warrants are $1.47. Like WINR, the warrants do not expire for quite some time, giving them extra value.