I have read up on it and I find it hard to understand.
The page where it shows how to figure the black scholes value gives you an answer. I think the current figure you get is 2.86 or something like that. My guess is that is current value of the warrant which means that the KTOV warrant is very undervalued right now according to that formula/model.
Is that the correct way to read the 2.86 figure?
Thanks.
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