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Re: [sharechat] FEG warrants

From:	"Steven Tong" <soarer1@voyager.co.nz>
Date:	Sat, 28 Oct 2000 09:38:29 +1300

Nick,

The warrants are 2 for 1


Tongy
----- Original Message -----
From: nickkearney <nk@xtra.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Saturday, October 28, 2000 7:57 AM
Subject: [sharechat] FEG warrants


> Hey all
>
> Does anyone have the spin on the these?
>
> Am I right in thinking that they work as follows.
>
> Trading at $1.50 (ish)
> Exercise price $5.50 (29 Nov)
>
> Therefore total purchase price would be approx $7?  This makes a profit
> of about $1.50 per share provided they stay at current levels?
>
> Have I missed something here?  Or is this correct provided they stay at
> current levels till end of November.
>
> Thanks in anticipation
>
> NK
>
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References

[sharechat] FEG warrants nickkearney

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