I am new to Warrants and was thinking how the warrants 1/28/2013 affect the company and its shareholders and if they are a good buy or not?
Here is a summary of the info on warrants:
Conversion Option Valuation:
Strike price 5.57
Market price 1.97
Valuation date 6/30/2012
Expiry date 1/28/2013
Volatility 60.00 %
Risk free rate 0.17 %
Option value 0.00578
Host Value – principal 8,999,500
Host Value – interest -
Shares issuable on conversion 1,615,709
Option value – principal 109,345
I own CHLN shares.