China Housing and Land Development, Inc. Message Board

I am new to Warrants and was thinking how the warrants 1/28/2013 affect the company and its shareholders and if they are a good buy or not?

Here is a summary of the info on warrants:

Conversion Option Valuation:

Strike price 5.57

Market price 1.97

Valuation date 6/30/2012

Expiry date 1/28/2013

Volatility 60.00 %

Risk free rate 0.17 %

Option value 0.00578

Host Value – principal 8,999,500

Host Value – interest -

Shares issuable on conversion 1,615,709

Option value – principal 109,345

I own CHLN shares.

Thanks.

Sentiment: Hold