Cedenmo
Oct 12, 9:04 PM
$SKYD
Thanks to warrants, as the stock price begins to move inline with KPI, should start seeing very solid appreciation. For example, at
$15 stock price, you’ll have additional (
$15-
$12)
$3 of intrinsic value so it’s like the stock is
$18.
$20–>
$28
$25–>
$38
$30–>
$48
$35–>
$58 etc
Note that this is intrinsic value only. Does not factor the added time value of the warrants, particularly early on.
We’ll see what happens over the next few days as the warrants start trading; but I think they’ll fetch a strong premium independent and regardless of what stock price does (and stock price has held fairly well past couple sessions). See my previous post of 2029
$12 calls with
$2+ premiums.
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