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Author Topic: exercise ratio 10:1 means 10 lot or 10 unit?  (Read 888 times)
orggilak
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« on: July 07, 2007, 02:51:19 AM »

like that title said, exercise ratio 10:1 means 10 lot or 10 unit? if i have 10 lots means i have 10 or 1000 call warrants? thanks
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smallcap
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« Reply #1 on: July 07, 2007, 11:45:06 AM »

Is the same. For example u got 10 lots:1 lot, 100lots:10lots; 10000 units:1000units... etc.

New calculation is 1 lot = 100 units/shares.
U have 10 lots, it should be 1000 units/shares unless u used the old calculation which is 1 lot = 1000 units/shares.
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