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They are cheap on a black-scholes basis. have about 2 years til' expiration. exercisable above 29.70. Chemical space looks good. Not a bad way to speculate. According to one user, he is trying to get them listed on a different exchange so there is a real market maker which could introduce some liquidity.
Anyone with information on SOA or these warrants, post and discuss. Great potential here, not only for institutions, anyone can get on board with these. Huge risk of course, time will expire, and so will they.