RE: PNP.WT.A warrantsWarrant Symbol - PNP.WT
Number Trading - 5,000,000
Expiration Date - April 16, 2012.
Exercise Price - $15.00
Warrant Symbol - PNP.WT.A
Number Trading - 6,875,000
Expiration Date - Oct. 23, 2012
Exercise Price - $6.50
Warrant Symbol - PNP.WTB
Number Trading - 8,638,650
Expiration Date - July 11, 2013
Exercise Price - $3.50
Let's assume some PNP prices by Oct 23/2012 and include a time premium of $.5 on the B warrants.
PNP Price/ WT.A Price / WT.B Price
4.00 / 0,00 / 1.00
6.50 / 0.00 / 3.50
8.00 / 1.50 / 5.00
8.50 / 2.00 / 5.50
10.00 / 3.50 / 7.00
15,00 / 7.50 / 12.00
Current prices: WT.A - .47, WT.B - 1.25.
WT.A is much more liquid.
WT.B trades at much lower volumes.
I like them both :)