WarrantsSome warrants were excercised in the last few days (ceo.ca shows 152.03M vs 153.65M on the website) So maybe someone cashed some of those in the last days. That also explains why novo was down today on actually (imho) good news. The march warrants are probably excercised now.
Previous (november presentation):
Shares Outstanding (Basic) • 146M
Options Outstanding • 11.55 M (avg. exercise price of C$2.74)
Warrants Outstanding • 40.8 M (avg. exercise price of C$2.68)1
Shares Outstanding (Fully Diluted) • 198.35 M Balance Sheet • ~C$72 M cash, no debt (1)
Includes 3.1 M warrants exercisable at C$0.85 until March 2018, 4.0 M warrants exercisable at C$1.25 until July / August 2018, 19.4 M warrants exercisable at C$0.90 until May 2019, 0.3M warrants exercisable at C$0.66 until May 2019, and 14M warrants exercisable at C$6.00 until September 2020
Now:
Shares Outstanding (Basic) • 153.650.738
Options Outstanding • 12.55 M (Options (exercise prices of $0.20, $0.94, $0.95, $1.57, $3.47, $7.70, and $7.94))
Warrants Outstanding • 35.602.439 Warrants (exercise prices of $0.85, $0.90, $1.25, and $6.00)
Shares Outstanding (Fully Diluted) •201803207
Balance Sheet • ~C$72 M cash, no debt (1)