RE:One possible scenario of manyThe bottom line is that warrants are repriced because things have not panned out like initially hoped for. If you hold those warrants, good for you, but spinning underachievement into a positive will never work and I don't know why you insist on rubbing salt into the wounds.
PS. Warrant holders could have bought cheaper shares on the market as well and forget about the warrants so that is another one of your arguments that makes no sense.
Give it up, let the sleeping dogs lie. If you put forth silly arguments, those pointing them out are not bashers.