Comment by
roberto146 on May 20, 2023 9:57pm
For roughly every 2 common shares (2.022) you already own you can buy one new share for 80 cents and get a full warrant good for 5 years with an exercise price of 1.20. (I don't usually post here but this was at the head of the most recent bullboard entries).
Comment by
sharkn9 on May 21, 2023 7:01am
Thank you! Then what is 0.494555 for?
Comment by
roberto146 on May 21, 2023 9:43am
Each share you own entitles you to .494555 of a right; therefore it takes 2.022 shares to entitle you to one right. 2.022 x .494555 = ~1.0. Strange numbers! Why not just say one share gets you two rights?
Comment by
roberto146 on May 21, 2023 12:55pm
Why not just say one share gets you two rights? Oops. Sorry. Backwards. Correct is: 'why not just say two shares (you own) gets you one right'?
Comment by
sharkn9 on May 21, 2023 5:51pm
Thank you so much for your explanation!