Convertible Debentures and Warrants Message Board

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Non-Tech : Convertible Debentures and Warrants

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To: taxikid who wrote (12)	8/12/1997 10:30:00 AM
From: Roland Batson	of 51

The A Warrant (NMTXW) expires 12/8/97. The B Warrant (NMTXZ) expires 12/8/99. The As can be exercised at $4.95/sh. (1.1 times the $4.50) The Bs can be exercised at $5.85/sh. (1.3 times the $4.50) The $4.50 comes from the closing price at which the stock was when they issued UNITS at 2 times the closing price OR $9.00/unit. Subsequently, these UNITS split into 2 commons and 1 each of the As and Bs warrants. Both are callable at this time. Novametrix, more likely than not will be in the 9 to 12 price range before the As expire. Tucker Anthony, who recently put out a BUY rec, stated that they project I believe it to be 12 to 15 by Spring 98 and about 25 shortly thereafter. They also stated that NMTX is a prime takeover candidate. Check out the thread at <<https://www.siliconinvestor.com/subject.aspx?subjectid=8405>>

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