The point of deciding which of the trilogy to buy is not what the
per share cost is but the final return. Charts about what each
share will be worth at different MIDL values are of little value.
$1000 buys MIDLW MIDL MIDLP
@ $0.44 $1.03 $30.00
Shares 2,272.73 970.87 33.33
Net return at MIDL share price assuming 52.5 shares for P
and .50 exercise price paid on W at time of final sale
$0.25 $ - $242.72 $437.50
$0.50 $ - $485.44 $875.00
$0.75 $568.18 $728.16 $1,312.50
$1.00 $1,136.36 $970.87 $1,750.00
$1.25 $1,704.55 $1,213.59 $2,187.50
$1.50 $2,272.73 $1,456.31 $2,625.00
$1.75 $2,840.91 $1,699.03 $3,062.50
$2.00 $3,409.09 $1,941.75 $3,500.00
$2.25 $3,977.27 $2,184.47 $3,937.50
$2.50 $4,545.45 $2,427.18 $4,375.00
$2.75 $5,113.64 $2,669.90 $4,812.50
$3.00 $5,681.82 $2,912.62 $5,250.00
$3.25 $6,250.00 $3,155.34 $5,687.50
$3.50 $6,818.18 $3,398.06 $6,125.00
$3.75 $7,386.36 $3,640.78 $6,562.50
$4.00 $7,954.55 $3,883.50 $7,000.00
$4.25 $8,522.73 $4,126.21 $7,437.50
$4.50 $9,090.91 $4,368.93 $7,875.00
$4.75 $9,659.09 $4,611.65 $8,312.50
$5.00 $10,227.27 $4,854.37 $8,750.00
$5.25 $10,795.45 $5,097.09 $9,187.50
$5.50 $11,363.64 $5,339.81 $9,625.00
Will MIDL be worth >$2.25 before 2001? If so, MIDLW is the best
investment.
And don't bother me with theories about converting warrants when
there is a .05 arbitrage possibility between warrant ask + .50 and
MIDL bid. In the time it takes to convert, that .05 could be $5 or
-$.25.
GB |
