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ErnieBilco

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ErnieBilco

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Re: Whalatane post# 1498

Tuesday, 05/28/2024 6:54:54 PM

Tuesday, May 28, 2024 6:54:54 PM

Post# of 1546
Warrants don't seem to be anywhere near being in the money. The 2021 warrants have a $6 exercise price(at least at time of issue) Current price of the stock is under 90 cents. The warrants are not registered that I could find because UNCY probably won't register them until financiers are ready to exercise them. I love trading warrants without wanting to ever exercise them, public warrants are a very cost effective way to bet on companies that issue them.

Unless anyone can find a change to the exercise price, there is no purpose to exercise them til commons break above $6

JMHO having traded warrants for the last 8 years without ever exercising a single one, but then again I not a hedge fund.

Well that didn't go the way I expected

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