RE:RE:Expiring warrants
everyone hates dilution... but if some reason we were trading over 40 cents and they were exercised, it would accretative to a 30 cent NAV... ie it would be a good thing for us...
of course we are so far away from the expired or expiring 25, 40 and 80 cent strikes that they could safely be taken out of any diluted NAV calculation for a while now :)
so we were at 34 cents NAV on the last Q3 date which i assume is Sep 30, wonder where we are now... maybe 30 ish. Overall I think they have been conservative on how to handle the warrants etc that they own in the portfolio.
We have gone through the boom... and now the bust... of the canabbis sector. I think the next stage is when people start to separate the quality from the promotional BS ones... is most of them. The ones I have remaining I think have some value to them like QCA, not just hope and greed like so many. Time will tell... patience very much required for quality to rise to the top.