I often post my first thought before putting down the complete story. (Could it be from enthusiasm?)

Just want to add, as posted by others today, there are likely those that are selling their shares and are switching into the warrants. I am so tempted.

Just because the share price is a bit down the warrant action is the tell tale sign of the company's future. Soon those willing to fill up with warrants at these prices will get filled up and the action will even up between the warrants and the shares. Until that time share go sideways.
Eventually I suspect the warrants will go nearer to the 20% of share price. NO, not so much that the warrant price will drop as the share price to go up to a dollar.
Cheers.