The amount credited to share warrants outstanding by Gumamela on the issuance of the share was: 1 point On March 2, 2022, Gumamela Corporation issued 4,000 shares of 6% cumulative P100 par value preference shares for P440,000. Each share carried one non-detachable warrant which entitled the holder to acquire at P17, one share of Gumamela P10 par ordinary share. On March 2, 2021, the market price of the preference share (without warrants) was P104 per share and the market price of the share warrants was PS per warrant.