TSX:SUE.WT - Post by User
Comment by
Bdiddyon Dec 18, 2010 9:10am
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Post# 17865746
RE: RE: expiry of warrants???
RE: RE: expiry of warrants???In my humble opinion, it is an immediate 15% increase in shares outstanding assuming the warrants are all exercised, which is unfortunate as it does dilute things for us. However, you could look at it as the cost of doing business. Presumably the warrants were needed as a sweetener when the original shares were sold, and I would rather being on the side of having them exercised than expired. And the $22m goes to the treasury. It is a very bullish sign. I'm not complaining.