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To: koan who wrote (38214)	4/13/2007 10:26:30 PM
From: LLCF	Read Replies (1) \| Respond to of 78409

<But leverage is a way of valuing wts in relationship to time left and stock price and action, to strike price> Then it is "a way" not listed in any finance book I'm aware of. Can you show me a valuation method for warrants/options based on this knowledge? <and is certainly a variable one uses to decide whether to buy or not. > No one that I look at... it's an aside that I used to put in the prospectus (gearing) when I was creating and listing them to sell for the bank. DAK