Post by
westcoast1000 on Apr 13, 2021 5:07pm
Intrinsic value
The intrinsic value of the WT.A series is calculated as:
Current share price minus strike price for the warrant, i.e.,
17 - 22 = - .05.
Minus .05
That is, the warrants have no intrinsic value now. They have time value of about .10
When the share price is above .22. the warrants will have intrinsic value.
Comment by
Notgnu on Apr 13, 2021 5:23pm
Correct... and when (if) the share price goes to a $1.00 within the expiry then the A's provid a 15 X return at a 5 cent purchase price and the shares would be ~ a 6 or 7 X return from here