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[sharechat] FEG warrants


From: nickkearney <nk@xtra.co.nz>
Date: Sat, 28 Oct 2000 07:57:15 +1300


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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