Falcon Energy

Falcon Energy: Counter went XB today for its 1-for-10 bonus warrant. Each warrant has the right to subscribe for one new share at an exercise price of $0.43 only after six months of being credited and expires after two years. Assuming all warrants are exercised after six months, the theoretical XB price of counter should be: [ ($0.35 * 10) + ($0.43 * 1) / 11 ] = $0.3573 Tomorrow will be XD for its dividend of $0.005