Post by
Synthesizer303 on Nov 22, 2021 2:48pm
On 23th of November 8.3mio warrents at 0.13 will expire!
From there we go up, cheap paper out widely out of play starting 24th of November ;-)
Comment by
tannin on Nov 22, 2021 3:05pm
Those 13c warrants will obviously be exercised...so another million dollars plus into ART treasury.....
Comment by
m8magic on Nov 22, 2021 10:06pm
would it not be the other way around..??..if 8.3 million warrents were execised at 13 could they not now sell then at 26 for a double..?..We could in theory just start seeing them. I know they are in good hands but am i not correct in my assumption in some cases..??
Comment by
Synthesizer303 on Nov 23, 2021 1:33am
Basically you are right, but its probably not happening due to longterm investors who will exercise them. (Probably already happened to a large amount). The point is, too much cheap warrents is avoiding new investors to jump on, when those are exercised/expire risk will be reduced ;-)