RE:RE:WarrantsFor those not familiar with warrants, an example using the A warrants since they are my favourites ...
Take $10,000 invested today in PAT common shares vs warrants and project it out to $10 for commons by Oct 31, 2020. TWO years from now! Feel free to adjust the $10 to any number you want.
$10,000 = 3,623 shares. At $ 10 these shares are worth $36,623 for a gain of $26, 230
$10,000 = 8,547 A wrts worth $70,940 ($10 - $1.70)
In other words, your potential warrant gain is 170% higher than your potential gain from common shares.
The warrant disadvantage ... They tend to be much less liquid which makes them an investment but NOT a trading vehicle.