Like all others... 11.5 plus cost of warrant.... Current stock price suggest warrants should move up considerably and are a discount to shares.... 5.5 + 11.5 is like buying shares at 17$.... For the warrants to become convertible the share price must remain above 18$ for 20 of 30 day trading period. i expect this stock to remain north of 20$ ... warrants should move up to 8-10$ and possibly beyond!