Value of FORW today
At $6.00 TSNP, FORW = $1.64
Number of warrants x (TSNP Share pirce - Warrant Cost)/FORW outstanding shares.
So if TSNP share price is $6.00:
125,000,000 x (6.00 - .20)/440,324,346 = $1.64
This is a holding company. It's stock price should be at least the above value because it is based on assets. It would likely be higher due to potential future events (ie. CC introducing new assets), added value of CEO...