RE:RE:RE:warrantsso 72 cents is the strike price
you need 8 to buy one share
so if the share is 1.13
then a warrant is worth 1.13-.72=.41 cents divided by 8=5 cents
so if the price stays at 1.13 until expiry 5 cents is what they would be worth
so every 8 cents the stock goes up the warrant value goes up 1 cent in value
does that sound correct?
stock at $2 at expiry would make warrants worth 16 cents
warrants at 9 cents the 4 cent difference is based on future expectations