PEIX: Aha! I'm confused, as I was trying to divide the operating income ($34.9 million) by number of shares outstanding (19.7 million), resulting in about $1.77/share in operating income.
However, I then realized I didn't know the fully diluted number of shares (19.7 million shares outstanding plus unexercised in-the-money warrants).
Anybody know the correct number for unexercised in-the-money warrants?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.