Told you guysQuick chat with my broker, I knew right away that they were having trouble filling. Told me with people backing out, it might have been less then 5 mill but luck is with them this time. Then he laughed and said Canaccord management thought they would fill the 10 million and even use the option to sell another 5 mill on top of it. Also mentioned that warrants would give only %30 upside in the future and that it’s smarter to purchase on the open market while the stock is down 20%+. 4 month hold is def not worth the risk just for warrants.
I dont know how the market will take this news. Will it instill confidence or the opposite?