Warrant holder's relentless selling into the bid is --- beyond both predicable and painful --- setting table for the consolidation ratio. As the sp sit's today, I'm guessing somewhere around 10:1.
Would be nice to see IBK --- with it's $20.00ca target --- organize a few crosses to end this $0.52 warrant nightmare. Allow the sp to grow, resulting in a much more reasonable ratio of maybe 3:1.
From my look, everybody wins.
IMO.