GREY:PGDIF - Post by User
Post by
Gauwdon Mar 12, 2015 4:01pm
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Post# 23515424
warrants
warrants
Question to the board, why would our 3 leaders exercise warrants if the share price is below the strike price? They could do a PP and gain as many or more shares at a lower price, what has been our average for the past 6 months, definitely under 21 cents.
If the board can convince me that it would be in their financial interest to exercise AND not do a PP, while our sp is below the strike price, and I don't think that is possible, if they do exercise, will we know it before the due date?
MHR