GREY:TSTIF - Post by User
Comment by
RockLobster1on Jan 18, 2016 11:30pm
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Post# 24470864
RE:RE:RE:RE:RE:RE:RE:RE:RUMBLE and CASH
RE:RE:RE:RE:RE:RE:RE:RE:RUMBLE and CASH
for anyone who thinks that TSO wants to have the cash from the warrants as I do, it was clearly a mistake to accelerate them when trading so close to the exercise price. There is now no reason for most to exercise the wts, they can buy cheaper and probably are right now. Some will of course for other reasons such as large amounts or relationships.
We can now refer to it as the Rumble fumble....
PS - I am very positive on the company overall, just think it is ok to be honest about errors that get made... companies at this stage of development almost always need cash. It they dont thats great. If in a few months they go to the markets it will be more costly... thats all.