RE:RE:RE:RE:warrants?Lets assume a share price of 27.00 around warrant expiry date. As we get closer to that date the warrants will trade closer to their real value, which is 27.00-15.00/5 = 2.40...at a purchase price of 70c, that will be a profit of 290 %.
But warrants can also expire worthles....all we need is covid to kreep into some of the company's operations causing shutdowns and the target of 27.00 is out the window.