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Re: Time To Roll post# 19306

Monday, 05/03/2010 7:37:35 AM

Monday, May 03, 2010 7:37:35 AM

Post# of 24889
If the warrants are valued at $10 per share

does that mean Fairfax can't exercise them until the pps reaches $10? And if that's the case, wont' there be a window below $10 to take some profit before they exercise and dilute? And if they do exercise, I assume the pps will drop immediately, but then regain its value based on a true valuation, not this silly trumped up valuation that is being trotted out for the Ch. 11 show? Or am I missing something?
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