PINL:GRPOF - Post by User
Comment by
EZ4You2Sayon May 30, 2018 1:31pm
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Post# 28100223
RE:RE:Warrants
RE:RE:WarrantsIf I'm not mistaken the warrants are currently held by the purchasers of the bought deal that closed on Mar. 5,2018.
It will be interesting to see how they trade. Will the owners jump at the chance to sell the right to purchase shares for $1.30 until Mar. 5,2021 for a few cents, or might they hold their warrants for awhile in anticipation of them rising in value?
It may not be a very liquid market for the warrants to start off.
A lot depends on the mind set of the current warrant holders.
I don't think it will have much impact on the price of TBP shares as one might expect from other perhaps more compelling news.
The market for the warrants may provide a playground for the more speculative traders to play in.