RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:fancamp sellingIf FNC needs $10,000, and the SP is at $0.30 and the warrant price is at $0.20, this is what they would need to sell:
33,333 shares already held
or
100,000 shares attached to warrants
Your choice.
Buckshot69 wrote: Knowing your warrants are going to increase in price then not exercising while 50% in the money before roll over date is poor execution. Period.
It comes at the cost of FNC shareholders as they the company will receive less shares in Beauce as it stands today by moving out its common before date of record. If they're selling, they're selling and might as well for what benefits EVERYONE.