RE:Warrant question for those in the knowThe wt warrants have 73.79 Million shares outstanding. The ws warrants have 4.78 million oustanding. The wt warrants are being used more as arbitrage depending on share price to flip back and forth between shares and wt warrants. The ws warrants with less outstanding shares are more a buy and hold and tougher to get.
Shgares are worth more up until $2.00. Warrants are worth more than shares after $2.00 with ws warrants worth more than wt warrants.
Let's assume you had $25,000 today and could buy 357,142 wt warrants at 0.07 or 71,428 ws warrants at 0.35.
Now the share price goes to $5. The wt warrant price is ($5-$0.72)/8=.54 the ws warrants are ($5-$1.10) =3.90
Your $25,000 is worth $192,856 in wt and $278,569 in ws
the ws warrants are worth 45% more.
2020oilgamble wrote: So not a warrant holder, but have read with interest some of the intelligent posts made about the warrants.
So there are ws warrants and wt warrants, and they have different dates associated...being June 2 2023 and Dec 4 2023
Current asks are 0.07 and 0.35
Execution b/e 1.28 and 1.45
So assuming I summarized that correctly...
I notice the wt warrants have almost non-existent volume, and I'm wondering why?
Thanks for the help