Your right. Walter suggestively inferred th would do well on buying warrants as there are 3.5 years left to exercise them. Personally, since we don’t know when the NB share price will exceed $10 to justify exercising them, the warrants still hold value and will fluctuate in price on news just like NB shares and th probably trades them just like NB shares. Th is smarter than he gets credit for or at least it appears that way.
I paid total of $360,000 for my 1st million warrants, it has been dead money as it had no market trading it. That why I said $360,000 in red mathematically.
As I add more cheaper warrants, my average costs would decrease from $0.36 and down. Should ExIm loan is approved, my dream is to make some money before any exercising of warrants.
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