Apr. 1 at 4:11 PM
Trying to understand the warrant/common disconnect here.
$NUCL commons around
$7.60–8.10 while
$NUCLW is only about
$1.50
Compare that to
$INFQ around
$9.90 with INFQW near
$4.50
$SOUN around
$6.90 with SOUNW near
$2.40
$IMSR around
$6.30 with IMSRW around
$2.60
Similar-ish common prices, but very different warrant pricing.
Feels like this is more than just Black-Scholes / time value. Qualitative perception seems to matter a lot too — market trust in management, sponsorship, sector excitement, timeline clarity, float, financing overhang, and whether investors think the story can compound vs just survive.
So maybe NUCLW isn’t “cheap” in a vacuum — maybe the market is just assigning it a lower probability of becoming an
$11.50+ winner than names like INFQW / IMSRW
Curious how others are thinking about it?
