RE:RE:FIRE or WATER ? brentkosta, how about raising at a lower interest multiple?
We all know non-dilutive capital is slowly stepping in and will only increase from now til next year.... plus with current economic interest going lower and lower..
What if FIRE doesnt dilutive much anymore but rather picks the non-dilutive tier 1 bank combined with organic growth?
brentkosta wrote: Those warrants are obviously going to expire worthless. Then they'll need to raise money at a much lower multiple in the new year.
RealistGhost21 wrote: It is ironic have choosen a symbole of destruction as an icon and as name for their stock. Something is wrong here with the warrants that Will expire in december at$1,70 CAD. The only way To exercice 17 millions warrants at that price would required at SP at least above $3 To absorb the high volatility price of that stock and it is would be expected the from the SP to drop around $2. Now why the SP should reach $3 when we already know what is coming for the next 2 Q? Would you like to be owner of thise warrants purchased in dec 2016? Do you think the small investors who did purchase those warrants did not believe in this compagny in 2016? Should they be concerned and be pround of how they are going to be treated by the compagny to have provided financement in 2016? IMO even if in the futur the compagny success in many years from now it doesn't mean Will know success...what happen in December 2021 when not 17 millions share are going to be dilluted but 42 millions share are going to be dilluted? Advise do your own DD. For those who invest a large stake already I recommend To stock buying and wait for the new investors here of course there is a potential opportunity To but some share but be aware of the risk in the long gun. I wish nothing bad to this compagny and also nothing bad to the current Shareolders. It was not stupid To believe in this compagny before but now it is not the time for current shareolder To promote the compagny but to the compagny To promote properly itself and in order to do so it needs To perform a miracle.