WarrantsI have to admit, I expected more of a share price reaction to the most recent news release from Valentine. Am I missing something? In fact, I read it again, and there is no way that this news shouldn't have given the shares a bit more of a pop.
The only thing I can see holding us back is the old Marathon warrants that expire on the 20th of this month. They are exerciseable at $2.20, which means any share price higher than that puts the warrants in the money. If you are holding the warrants, it makes sense to sell any shares you are holding, and exercise the warrants for an immediate profit.
Maybe we will start to gain some value after the 20th.