RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Anyone buying EXRO-WT? Up 70.45% today. If you want to determine the fair value of the warrants, it is common practice to utilize the Black-Scholes option pricing model in much the same way as it is used to determine the fair value of compensation based stock options.
Take a peek at note 9 in the Q3 financial statements with respect to Share Capital. There is a great deal of information on the warrants and the stock options as well as the criteria used to plug into the model - 5 or 6 input values are required.
There are examples on how to use to Black-Scholes model online, in fact there is an excel spreadsheet you can download gratis I believe. I have used the model from time to time in my working career to determine stock based compensation but never had the opportunity to use it for warrant pricing, but the mechanics for both are very similar. Might seem a bit daunting but once you do it once, not too onerous at all.