Warrants
Can anyone help me understand the difference between penny warrants and "non-penny" warrants? How is the modelling of penny warrants different to that of "non-penny" warrants? Thanks!
Can anyone help me understand the difference between penny warrants and "non-penny" warrants? How is the modelling of penny warrants different to that of "non-penny" warrants? Thanks!
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Penny just refers to strike price. Penny just means low/de minimis strike
Thanks! Could you elaborate a bit further how this would work in practice?
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