Almonty’s recent placement of around 640k sharesValued each share plus half a warrant at .80 If you asssume the stock DOESN'T get to 90 cents in two years the warrants are worthless and they paid .80 for stock worth somewhere between zero and .90, however, if the warrants fall out so that they are well in the money within two years, whoever bought them is going to be very pleased.
Right at the moment however, he's probably not too pleased. Is there a way to find out the identiry of our new guy who bought in for a good size hunk of the pie. I consider myself ludicrously invested in this, and given it was a sold out brokered placement you know they had the investors lined up ahead of time. It cuts a layer of paperwork between that they wouldn't have had selling it as a closed offering. I'm not sure pre-subscribed "open" offerings are more than a twist of law however.
Anyway, I've been looking to find out who it was and so far I've come up with nothing. Kinda jealous of someone capable of laying out so much money that he doesn't buy in the markets but through the companies solicitors.