RE:RE:Mark to Market Loss on 2024 Warrants invest234 wrote: everybody here already knows that is non cash. adjusted earnings remove those non cash items, same as every quarter. this has been said many times on this board. gcm loses nothing from this, when warrants get exercised gcm receives the same amount of cash regardless of how high the share price is.
nothing bad happens if the warrants are left alone until expiry date to be exercised.
I have seen that too - and find it slightly odd.
The loss is an opportunity loss, not a real cash loss.
Suppose they used the same accounting treatment for the first shares sold to Sprott, recording loss because at the higher prices of today, the shares might have been sold higher.
Right... but weird somehow