Worthington Group - Re: WRN Stream Log - FAIR Value: Those talking about...

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Re: WRN Stream Log
06:13 06/10/2014
Researcher
0 replies 0 0

FAIR Value: Those talking about fair value around £ 2 or £ 2.50 are forgetting a total of roughly 39 Mio Warrants with strikes of 0.05 and 0.11. If we take this into consideration then we would not talk about roughly 19 Mio shs. but down the road 58 Mio shs and if we translate this back then the stock Price should rather be around 0.70 - 0.90 All other things are dreams and we all know the market always goes back to reality.

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