Post by
BSdetector2016 on Oct 24, 2022 8:26am
Gross under-performance may be linked to
all the noise surrounding Solaris warrant expiries. Both companies are joined at the hip so the actions of one affect the other. Over at Solaris the market is assuming that all the warrants will get exercised and BLOWN INTO THE WIND. When you look at the pile of Solaris warrants and shares that Equinox owns does it make any sense at all that they would excercise and sell at MARKET BOTTOM? I don't think Ross Beaty is stupid and, at most, Equinox could sell just enough shares to pay for the warrant exercise. Sitting on Solaris shares for the inevitable take-out is the preferred end game, and highly beneficial to both companies.