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Re: infodude post# 2392

Friday, 01/04/2008 11:04:39 AM

Friday, January 04, 2008 11:04:39 AM

Post# of 3673
To an ordnary investor warrants usually offer much longer time frames before expiration, allowing more time for the share price to exceed the exercise price and bring the instrument (warrant or option) into intrinsic value. This can make warrants less risky, But I can't see much difference in grants of one or the other to company insiders, since grants generally have long time frames in any case.

To your second point, yes, it looks to me too like reduced expectations, or from another viewpoint, the lowered horizon was necessary to keep the insiders on board.