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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Post by 1wascallywabbiton Aug 25, 2015 8:25am
226 Views
Post# 24048316

Warrants

Warrantsfor Sept 2015 are now in the money, but not enough to trigger anyone with any amount to exercise them, as they can't be sure to unload those shares at a profit. As we get closer to 80 cents, there will need to be a lot of volume for these warrant holders, as I think what they will do is say, exercise 2,000,000 warrants at 40 cents, and sell 1,000,000 of those shares at 80 cents, and ride the other 1,000,000 freebies. Numbers and prices will of course vary, depending on the holders plans, but that is what I would do. With millions of warrants available, off-loading half of them will require significant demand for shares from others. 80 cents will be a major hurdle to overcome, but if and when we do, there is blue sky afterwards. And don't forget, we are a long ways from that scenario yet, but I believe it is coming. We may see 50 cents today, but if the 'opposite of market' trend is apparent again, we may drop....lol
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