Quote Originally Posted by Rawz View Post
Currently the guestimate exercise price + warrant price is < KFL SP today. (which is < than nav)

You must be thinking the market is in for a big pullback? And no doubt you have positioned yourself accordingly
My crystal ball has never worked, but based on todays prices and historical dividends.....

Head shares $1.35 with expected 11c dividend before warrant excise date = net cost $1.24
Warrant 7c + expected excise price $1.26 = net cost $ 1.37

Note net cost is at excise date
If dividends change both lines same amount.
If share price goes up warrants look much better.
Fees are significant unless your buying by the truckload. Not my style.

I will exercise my allocation if it makes sense at the time & look at buying some more head shares.