If the stock was at $6 and warrant was at $2.5....why convert the warrant to stock? Just sell your warrant on ktovw for the $2.50. I'm currently not planning on coverting ever. Just going to sell the Warrants if this blows up.
The key to warrants is expiration date. We have until 11/2020. That's s lot of breathing room. Nda filed, drug approved, actual sales, etc., all easily in the warrant window. So many are taking the leverage of warrants over commons. Both are good though