aitakahashi,

The strike price is $32 and the warrants closed today at $5.50 and that is where I do not understand how to valuate the warrants. I sold all of my shares about last Jan but I kept my warrants. I would really appreciate if you could help me out with this one. I seem to think that the share price would have to be $37.50 before I am even. I can sell for $5.50 today and it will cost me $32 more to exercise my warrants. Thanks in advance for setting me straight on this one as I am just trying to recoup my investment in Aurelian.

Notie Girl