RE:RE:2M Warrant @0.25 due to expire on Feb 04, 2019BEW has not declared that current raise is fully/over subscribed (though multiple sources say, it is subscribed fully by Jan 15). That means money is still not available.
Don't know why company went to market in Nov for raise. If they waited till Feb., warrants were in money and company could have got 0.5M at 0.25. Now getting 2.5M at 0.19.
Only bright point is so called "strategic partner" subscribing for $1M. Everyone hoping it is a major telecom but if partner is some small fry, it will be bad news all over.
retiredcf wrote: Not a holder but you have until the expiry date to exercise warrants. If the strike price was $0.25 and the share price was at or below that, then no one would exercise them and they would expire worthless. GLTA