Quipt Home Medical Corp T.QIPT

Debt Conversion

[bearbullpicks]

Tomorrow should be interesting!

[SR71BlackBird]

Wasn't this suppose to be a good thing???? WTF?

[checkup]

There will be some selling of the converted shares....taking profits above $5.20. Not a bad deal for those debenture holders ...8% interest plus capital gain.  1,879,038 shares involved. Will take awhile for the dust to settle.  Just my guess.

[Trytobelong]

Hey SR71BlackBird , you are very annoying ... why you were not selling over 7 $ ? It was 20 % more than the bottom !

[SR71BlackBird]

Hey man, this is the single biggest position I have. I will always ask the tough questions here. Always.

[HatrikSeLaine]

Remember that the float is being diluted by a bit over 5.5% now that the forced conversion is confirmed (1.8 M shares).  It's totally normal and expected that the market will price this in once confirmed.  Now the company gets to move forward on its own merits having shed a fair bit of debt with this transaction.  Hopefully we also get to see some positive results next Monday

[gibbonsj]

I sold a chunk between $7.10 and $7.25 anticipating the dilution. Now I'm getting ready to buy those shares back. I also posted about a year ago that my target was net $500k. We almost touched that but I think I'll raise my target to $750k.

[besttobe]

  gibbonsj - (8/10/2022 3:00:35 PM) RE:RE:RE:RE:RE:Debt Conversion "I sold a chunk between $7.10 and $7.25 anticipating the dilution. Now I'm getting ready to buy those shares back. I also posted about a year ago that my target was net $500k. We almost touched that but I think I'll raise my target to $750k." Oh my...does anyone really believe this? haha

[Trytobelong]

Me too... sold a "bit" between 7,15-7,30... but I have a lot again ... still bullish. Sitting on the MM20... I am a bit risky... this is more than 10% of my portfolio, but I am sure you will have you 750K and I will follow not to far !

[lscfa]

68,076 shs issued Aug 10..... Effective Date Expiry Date Authorized Shares Issued Escrow Last Price Market Cap** Float Quoted Market Value*** Description   10/Aug/2022   Unlimited 33,719,995 0 6.970 235,028,365 235,028,365.150

[Carlito3311]

This post has been removed in accordance with Community Policy

[lscfa]

Why are you silent on the days Quipt outperforms the market, you biased jackass.....

[Carlito3311]

This post has been removed in accordance with Community Policy

[lamton]

On the contrary, I'm guessing next week will be a pleasant one. This debt conversion didn't happen just prior to the releasing of Q3 for no reason, it may not show on the balance sheet yet but everyone knows the improvement of which should facilitate the negotiation on the increase of the LOC going forward, no need for another financing (I'm hoping) yet. nonetheless I think there could

[lscfa]

Removal of convertible debentures means less volatility in eps due to changes in fair value of same qtr to qtr. No more damn derivative instruments (including warrants) messing up the fins please.