RE:RE:Buy the warrants 36 months time at a 2$ strike.
fair value of the warrant is .465 c using an option calculator.
iv is nothing as share price is not above the 2$ strike.....so a buyer should only buy the wt if he expects EXRO to significantly increase in price over the next 3yrs
buy the wt as either a trade or a way to tie a buyin of shares later at 2$
buy or sell wts the same as shares on TSX
like options ...wts are a way to lev a holding by tieing up less cash but it works both ways
wts not for everyone and anyone not familiar with wr trading should refer to option trading.
no partial wts are traded or can be exersize.