got to check with the company whether the wa can be exercised now. there has been no announcement from the company to date. there are conditions when the wa can be exercised.

couldn't agree with you more. give yourself a treat once a while, though.

I think this offer seriously undervalues the company. more striking is the simple arithmetic of using offer price less the exercise price to value the warrant. This method of calculating the price of warrants completely ignores the time component or the time value. Investing is all about buying for future value and this method of calculating warrant value cannot be accepted and should not be approved.