Warrants are a tricky thing to get our mind around.

I have 12,000 warrants of the $2.05 bunch which i purchased on the market when they first became available at an average price slightly over $0.50 and which are now trading at $2.87

I now could exercise them at $2.05 and then hold or sell the resultant shares which would have cost me $2.55 and the profit would be there at todays market of $3.42.

But I have the warrants which I purchased so that if RVX is sold out or turns into a going business selling Apabetalone and paying a dividend, I sit in the happy position of being able to utilize my warrants to double down, as it were and having more than I invested (placed on the table) in shares at this time.

This allowed me to bet less in Dollars than i could have afforded to bet in buying shares.

Of course if BoM fails all turns to ash anyways but I believe it will succeed and that is why I am subscribed to the share issuance and look forward to getting new warrants at $4.60 since i believe the share values will be higher than $4.60 by a large margin.