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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (122226)4/24/2010 10:42:05 AM
From: Dan Meleney  Read Replies (2) | Respond to of 132070
 
Warrant question: deconstruct this to cost of $3 ($12-$10.50)x2 for a 2 year option to buy a share at 15. So you need the price to go to $18 to break even. I'd just sell the warrant.

I'm assuming the 10.50 is a fair price and the NAV is too high due to impaired assets or potential hits or liabilities.