Pp sold at 6.67Anything below that is a discount as these pps are priced conservatively at discount. So if you are in below 7 you had a deal. Ie about 23 cent before rs. The warrants are priced based on sp before rs at 8.5 ie 28 cents. So investors took it at a discount and they are expecting it will go past 10 or 15 in the future so they convert their warrants for extra profit. Imo