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maxinkuckee

04/24/17 5:46 PM

#50096 RE: train #50092

Warrants are always going to be priced at PPS - $4.00 + premium.

The premium will generally be between $0.50 and $1.50 depending on (a) volatility, (b) time remaining before expiration and (c) how far the warrants are in or out of the money (above or below $4.00).

There really is no need for a chart.

If the share price is $14, the warrants will likely be between $10.50 and $11.50 (depending on the premium).

If the share price is $20, the warrants will be between $16.50 and $17.50.