Re: 640,000 @ 1.30 eom

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Re: 640,000 @ 1.30 eom

posted on Dec 11, 2014 05:15PM

Yes, this can make sense.
It just depends how the warrents are valuated for the NAV. Obviously their fair value is about 1,30 - 0,75 = 0,55$. But these warrants are not traded in the market, so possibly they are accounted for the NAV with their purchasing price (=0)?

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