You sell the warrants on the stock market at the price other investors are willing to buy from you. This is exactly like selling shares.The warrants then just move from your account to the other investor account.

This is also what happen when you buy the warrant. That 0.225 is your buying price. The intrinsic value of the warrant is 0.97 - 0.75 = 0.22. The half a sen extra is the premium you pay, someone else willing to sell you the warrant for.

You exercise the warrant with the company. Here you pay the strike price to the company and the company will credit you new shares.There is some form to fill and you have to prepare a cheque. The broker will usually help you with this but you have to call them.

This post has been edited by Cubalagi: Apr 8 2023, 09:35 AM