- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: DWAC
Posted on 10/22/21 at 12:27 pm to XxxSpooky1
Posted on 10/22/21 at 12:27 pm to XxxSpooky1
quote:
So are you saying that after a year, I can say hey I want my warrant converted to class A stock. And my $7.38 purchase becomes whatever the stock price is at that time?
No, the warrant gives you the right to purchase the stock for a determined price (strike price). The strike price for DWAC warrants is $11.50.
So you paid $7.38 for the right to purchase 1 share of DWAC at $11.50 in one year. If the share price at that time is over $18.88, you profit. If it's less than $18.88 you lose money. Of course the price of the warrants will fluctuate during that time period as well, so you can sell, hold or buy warrants over the course of that year.
1
Posted on 10/22/21 at 12:38 pm to Lightning
quote:
No, the warrant gives you the right to purchase the stock for a determined price (strike price). The strike price for DWAC warrants is $11.50.
So you paid $7.38 for the right to purchase 1 share of DWAC at $11.50 in one year. If the share price at that time is over $18.88, you profit. If it's less than $18.88 you lose money. Of course the price of the warrants will fluctuate during that time period as well, so you can sell, hold or buy warrants over the course of that year.
This. The warrants at $40 are way in the money ($51.50 breakeven), but the time component of them being locked up until next September, at least, will weigh on them.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News