For me pulling trigger on warrants was very easy decision. 2019 tender offer was in my mind a no brainer. I exercised all my remaining warrants A few months ago. My reasons are simple. I want long term capital gains and I want to vote my shares. You cannot vote your warrants. Later this year could be quite interesting.
Yes I do what I believe is in my best interest. It may help cash now but no one makes a decision based on that.
I have a very low 7 figure share count that has a no no no written all over (probably) any M&A proposals. No means No. what is my favorite movie? Dr. No of course.