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stoxjock

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stoxjock

Re: Penny_God post# 24

Thursday, 06/11/2020 7:55:13 PM

Thursday, June 11, 2020 7:55:13 PM

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How? Right now IF you buy a Warrant to convert to a Share, you are actually underwater as you pay $1.70 + 11.50 = $13.20 for a stock trading at $10.70..

So loss = 13.20 -10.70 = $2.50 for each warrant
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