<<Hi Koan,
Liked your analysis on the NGD A warrants. Would you do the same analysis on the NGD B warrants. I can't believe the number I'm getting. Thanks, Sam>>
A person buys $10,000 worth of A wts ($2.97 for 3,367 wts) and B wts (142,857 wts). The follow would happen if stock goes to $20, $30, $40, $50 (could happen).
A's strike is $15, stock is $10.20, expiration is 2017 and wts are $2.97. 1 fro 1
B's strike is $15, stock $10,20 expiration April 2012. 10 for 1 , pricve .07 X times 10 is .70.
NGD Stock to $20 in next 13 months:
Stock would net $10,000
NGD A' wts @ $20 stock would be worth $16,835.
NGD B' wts would be worth $71, 142.
NGD Stock to $30
Stock would net $20,000
A wts would net $50,505
B wts would be worth $214,285
NGD stock at $50:
Stock would yield $40,000 profit.
A wts would be worth $117,845
B wts would be worth $499,999 or rounded up $500,000!
YOu owe me a beer-lol |
