TSXV:BTI.H - Post by User
Comment by
bfwon Jul 17, 2018 1:16pm
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Post# 28327776
RE:$0.435 bid
RE:$0.435 biddrjekyl wrote: do you guys really think that $0.55 financing will close with the current bid? if we all believe share price doesn't matter then i guess my comments are moot.
drj!
Depends on how you value the 69 cent warrant with no acceleration clause and good for 5 years.
That is some huge leverage.
Overall, I'm pretty sure management feels they can close it if they are going the non-brokered route.
bfw