RE:warrantslooks like a poster was right according to ALO's website, it does take 10 warrants to exercise at $7 to get 1 share of ALO common. therefore, i still dont get the math and understand.
if warrant expires in may 2018....and does take 10 @ .27 say = 2.70 + 7 to exercise = 9.7, why would someone do it since ALO common is 7.70.
just trying to figure it out on this one for next time. imho it would be much easier to go from 13M warrants to 1.3M warrants and have the warrant price go to 1.30 for starters post r/s and then track it from there.....????? and have 1 warrant exerciseable at 7.00.