Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: hoopsville who wrote (33899)	2/24/2007 5:58:28 PM
From: heinz44	Read Replies (2) \| Respond to of 78421

Thats right. So as Koan said ,nothing is in the bag until the schekels are in our pocket However if takeover is for the bid co's paper I believe the wrts are then changed to that of the bidders paper. Naturally the exercise price and amount that you end up with gets re configured. I THINK..maybe someone can clarify?

To: hoopsville who wrote (33899)	2/24/2007 6:26:50 PM
From: onepath	Respond to of 78421

Warrants can get really screwed up in a takeout but in most cases they workout and I have evan seen some premiums.No rules but usually the company doing the buying realizes that most of the warrants are still held by the regular shareholders so they want to insure the takeover works by being fair.Would you tender your shares if you also held warrants and they where making them worthless? I have DML.wt.a formerly DEN.wt.a good till march1 2011.Out of the money on the takeover by IUC trading at about 4$ then and worth 20$ today.Warrants where all pro-rated to the new co. DML and seamlessly converted in my account. But always buyer beware.Goes for everything.