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stockwolf

03/31/15 11:16 PM

#44 RE: maverick1856 #31

Thanks maverick, that's some more information I didn't know about these warrants. "Ratcheting clauses - the warrant exercise price will adjust downwards if any stock/warrant sales or conv debt is issued at a price below the $4.15" and with a buyout or merger the Black Scholes method is used to value the warrants... which is 4.91 as of close today. Just read a few posts farther and found you have already posted online calculators for Black Scholes prices :-)
Right now I'm wishing I would have bought a bunch more warrants with the way after hours trading went on SLTD.