Replies to post #657364 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

hurrying right now - will come back to read


indeed - I had to look up warrants and exercise a few days ago - as the language is not clear as to "exercise"

to me to exercise a warrant - based on my reading - is to pay to issuer of equity the required amount and to get shares in return

that is the exercise

there is no requirement to exercise and SELL the same time

but I do not know the exact nature of the language in HERA etc