1Lighthouse wrote: You know posting fair market value from canadianwarrants.com doesn’t make you smart, or right. They say right at the top of their page, “fair market value opinion based on calculations only” which means they use a preprogrammed algorithm that comes up with that value. It’s just a computer algorithm opinion value, that’s it. Reality is reality and the market is the market, and clearly the market values current reality at current prices. Also as the price of warrants change, so does fair market value at canadianwarrants.com, as current warrant price is part of the algorithm that calculates “fair market value”.
Also, almost all the time, warrants will trade near rational value, which is usually current share price minus warrant exercise price. Since we’re under the exercise price, the warrants are essentially worthless at this point, as you can buy shares on open market cheaper. Right now warrant prices are trading at a price that correlates to a share price of $3.37 ($2.75 warrant exercise price + .62 current warrant price). Now there’s obviously more than just exercise price that values warrants, like leverage and time, which is why warrants continue to trade with values above 0 when current share price is under exercise price.
But to go around pumping the warrants because canadianwarrants.com says fair market value is something else than current reality, is well, quite dumb as the market values warrants, not a website. Not to mentioned if you’ve watched canadianwarrants.com for years, you’ll find fair market value is always way off what the market actually values them in reality.
BigBirdofBSt007 wrote:
Fair value for the warrants are 1.28 and I am not making this up . It's in the link I have repeatedly posted on the canadain market .wt / warrants for mj stocks . It's highlighted plain as day in green bargain price . As it shows a few others that are a bargain some fair and others overvalued . This isn't me saying this . It's the professional bankers .