Current share price does not agree, and you know what they say...the market knows best.

Maybe the company would rather let the warrants expire unexercised because they know they don't need the money or the dilution.

You may be right, or could be wrong since no one, outside of insiders, knows wtf is going on here.

All I know is I'm getting my TFSA shares tonight cheaper than those who bought last week....and that doesn't make me particularly happy.