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Luckypennyman

06/05/20 12:21 PM

#11 RE: jaj-dan #10

Owning 1 warrant gives you the right to purchase 1 share of ship at the strike price.

Thus if ship ever gets too say $4.00 you could buy that share if you own a warrant for the set strike price.
Strike price is synonymous with exercise price. (same meaning). Ok.




https://www.investopedia.com/articles/trading/10/warrants.asp

Glta