What is this thread all about?
Just a place for general discussion. A place to unload whats on your mind and talk about anything - personal, health, help needed, achievements, daily highs and daily lows, theories, predictions and what have you.
Does not need to be Q related.
If I am reading this correctly - the CFVIW warrants, like DWACW, are exercisable at time of merger at $11.50 a share. Since CFVI is worth $10.03 they are effectively worthless at CFVI current price which is why you can buy them so cheap.
That said, if CFVI ever goes to say $15 at time of merger. Those warrants start to return higher returns than buying the stock itself. ($5/10 gain vs $2 / $1.5 gain) $13 is approx the break even point. Your investment should depend purely on whether you think Rumble will be higher when the merger occurs. At this close and current low it seems like gambling to me, but the upside potential is large.
This is not financial advice.
I hold some CFVI (may eventually merge with TMTG long term we will have to see...) but no CFVIW, actually didn't know they existed.
I definitely believe in CFVI as the future but who knows at what price it will go public is how I'm approaching it.
But I am very loss adverse and don't typically do option plays for instance.