RE:RE:RE:RE:RE:Warrant questionYou have most of it. There is both intrinsic value and time value. The intrinsic value is what they are worth as warrants because you are able to leverage vs the cost of paying more to buy shares. So say that's worth $0.03 per warrant. Than you have time value which is the extra value because you can hold the warrants until June 2023 and if the stock is increasing the longer the term the more attractive the warrants will be. Say that's another $0.03 as well.
That's $0.06 plus your math of (1.13-.072)/8 =$0.05 would put the warrants around $0.11. Canadian warrants has the fair market of the WT warrants at $11. based on a share price of $1.12.
At $1.29 it will likely be closer to $0.13 which works out to approx 10% of the share price and that factors in the exercise price, the 8:1 ratio and both time and intrinsic values. Based on a $.13 warrant you would expect them to be trading between $0.10-0.12 so at 0.08 or 0.085 they are undervalued which is why Canadaina Warrants has them coded as undervalued. They won't always trade at the proper valuation but a 25-30% reduction means they will likely jump up soon.
The fair market value values are based on different calculations but Canadian Warrants explains it:
How is the fair market valued for the warrants.The binomial calculator is used to calculate the fmv of warrants. There are two models - the Black-Scholes model and the binomial model, From Peter Hoadley's Options Strategy Analysis Tools include the Binomial Tree Warrant Calculator and the Black-Scholes Pricing Analysis. American put warrants use the Black-Scholes calculator and American call style warrants use the Binomial calculator. The fmv is calculated using the expiry date, exercise price and historical volatility https://canadianwarrants.com/values/current.htm#axzz6oYOYShab
Directvoice wrote: I repost some of the preceding answers for you
Lewp (1) | January 22, 2021 06:14 pm
Yes the Szls.wt warrants expire June 2023
there are also Szls.ws warrants that are 1:1 with a strike price of 1.10 that expire on dec 2023
so at 2.00 they should be worth 2-1.10 or 0.90 less any premium
wt warrants have 78 million outstanding the ws warrants just under 5 million