Savvy Trades and Investments

[researcher59]

GTECW (0.95) - the warrants are a good way to get leverage on the stock, GTEC, especially since options are not yet being offered. Thanks for mentioning them, I was not even aware they existed. They expire in March of 2025 with 2 warrants worth 1 share at an exercise price of $11.50.

Beware, the warrants were delisted to the OTC and until the recent rally were very thinly traded with a wide bid/ask spread. Of course they could become more liquid if the stock performs well and volume picks up accordingly.

The terms from the 10K -

Warrants must be exercised in multiples of two warrants, and each two warrants are exercisable for one ordinary share at an exercise price of $11.50 per share.