RE:RE:Updated spreadsheet
Hi JD,
Thanks for your input.
The purpose of the spreadsheet is to illustrate the $ advantage of investing in warrants and what the rate of return is for warrants vs. the common stock.
The reason the exercise price is not included in the warrants is I'm treating the warrants just like a stock. The idea is if I buy and then sell so many warrants what will my rate of return be.
The future price of the shares are less variable than the the warrant price, so these numbers are just for comparison. For example if the stock price is $2.00 you can buy shares for $2.00.
At that time the intrinsic value of the warrant is $1.60, but you may have to pay more than that depending on how much time is left to expiry.
Hope this helps,
BG3