$AIG Looking good. Expecting this to run over $40 by December. Warrants are currently in the money above $39.80 and should get one more adjustment in December when they announce a dividend. Exercise price sits at 42.42 for now, with 1.062 shares per warrant, expiry of 1/19/2021.
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@Behold_A_Pale_Horse It’s late, but I think you’re thinking of the conversion from the original warrant strike value of $45. The adjustments have already been made to bring the strike down for each stock so it would be the equivalent of 1.062 share (value). Let’s chat during the day about this and verify, but having been a warrant holder from the beginning and having to pay the special dividend tax on it, I believe I got the facts correct on this. Either way, wish us both luck for a $40’s print soon.
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