I take from this that you take the profit from the warrant, in this case $11.50 - $2.60 = $8.90, and then buy shares on the market. But whatever you end up buying, they're essentially free, minus taxes, of course. Is that right?
One thing is clear, I need to spend more time learning about this. Until then, I should probably stick with common shares, even though I'll end up with fewer of them due to the higher cost.
Thanks again.
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