GREY:NCNNF - Post by User
Post by
flamingogoldon Mar 08, 2019 9:54am
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Post# 29460512
$1.50 threshold
$1.50 threshold$1.50 is the threshold for warrants. And... it needs to close at $1.50 or higher for 10 consecutive trading days. Any close below $1.50 and the time resets again. So, there will be demand to keep the share price up above the threshold so those holding the warrants can exercise them before expiry. This means we have a good chance to blow well above $1.50 in the interim. Markets are weak right now but we are holding.