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stevenlemon

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stevenlemon

Re: Will Hunt post# 2

Sunday, 08/12/2012 5:54:31 PM

Sunday, August 12, 2012 5:54:31 PM

Post# of 54
A certain number of CRMBW (Warrants) will entitle the owner to buy a specified number of CRMB at a specified price.

For example, when the price of CRMB reaches $5, the holder of 100 CRMBW warrants can buy a share of CRMB for $1.25 (option price).

I don't know the actual prices involved with this stock (I can't find anything on the warrants), but the low price relative to the regular stock price indicates that the option price is a lot more than CRMB's present price of $2.78.

I hope someone can point me to the information about the option price of CRMBW
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