DELIVERING DISCIPLINED GROWTH

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Message: Warrants

We have done similar thinking. The extra year and lower strike price is the extra "value" on the D warrants. I think the C warrant will be at $32 and continue to hold (with fingers crossed) and we also have bought some D warrants. The purchase of Red Back pushed the SP growth back perhaps one or more years but the SP growth should be faster with the Red Back income so IMO a crap shoot on the C warrants.

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