GREY:EDYYF - Post by User
Comment by
dannyd9on Nov 06, 2017 8:33am
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Post# 26910313
RE:RE:75 million
RE:RE:75 millionFlight, not sure what you mean by are they dilutive. Of course, they are dilutive. These would be common shares with warrants much like the private placement recently announced. I have said often that the stock was being held down by fears of the debt on the books and that the company was not well capitlized to really grow. This will give the company one last chance to take the capital and run. It also means that the share price will face serious limits as to how high it can run on good news. Remember, there will be a ton of warrants to be exercised at 15 as well giving the company potentially new cash but dilute the shares even more.