mgy wRRANTS

By sucker, June 7, 2019

WHEN DO WE SELL THESE???

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Travis Johnson, Stock Gumshoe Recent comment authors

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Travis Johnson, Stock Gumshoe
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I never bought TPGE (now Magnolia oil and gas) or the MGY warrants, though they’ve certainly worked out well for folks who did (this was teased by Ian Wyatt about a year ago, I wrote about it here: https://www.stockgumshoe.com/reviews/ian-wyatts-100k-portfolio/wyatts-unconventional-ipo-ceo-invests-25-million-to-start-new-energy-company/). They have a five-year term, but it looks like they’ve also done a big offer for warrant holders to convert, and may be able to get consent for a forced conversion of the warrants (I don’t know if they’ll win that vote or not, have no idea who the controlling warrantholders are). They’re trying to simplify the capital structure and get… Read more »

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