RE:RE:Warrants constructionsite wrote: Good question. No answer from me, ace1mccoy, as I unforutnuately don't own any, but funnily enough I was also just thinking of the Warrants before I saw your post.
With 15.2 Million warrants @ 0.26/share, I'd imagine these warrants are providing a significant drag on our SP appreciation, and explain some of the lethargy we've been noticing. IF this is the case, then we can expect continued drag until after these get exercised, sold (or held) and absorbed by the general market.
From that point on, the headwinds on the SP should drop significantly, all else being equal.
We also have another 5 Million Options outstanding @0.29, mostly held by insiders, which provide another potentia drag. May be less of a factor though, as these will likely enter the market more slowly.
Finally, we have 0.7 Million broker warrants outstanding @ $2.17, which expire next Jan. Let's hope we're well past that SP by then!
In the end, regardless of the above, it's results results results that will propel us forward. I'm holding out for a very good H2 2021 and beyond.
Interesting take for sure CS and i might add there's not much daily volume going through on the Warrants right now .