RE:RE:RE:RE:RE:RE:RE:RE:RE:PIPE is DOOMEDJessie157 wrote: What did you finally decide to do with your warrants? I had 1m but now have about half that. The loss is huge but what do you do.....
Not sure if the question was meant for me, but I'll answer it anyway.
From my previous post you may have realised that I'm a bit fruity up in the head (at times only and when in need of some mental relief, in this specific case, preparation for my free trip to Canada in 2023).
No lies, but a strange way of presenting, maybe?
At least I've published, truthfully, our birthdays :-)
So when the warrants were at about 8.5 cents, I dumped 200K in each account of both of my kids.
They don't mind, as they have forgotten that they opened the accounts on my request, some years ago. I do the admin. so they're not bothered with it. They also got 10K MRS each.
The three grandkids get better quality stock, for a study fund (oldest is 6 now, there's still time).
For ten quarters Shell had the possibility of scrip dividend and those shares (986 off) went to them. The dividend they got/get goes into NLC.
In my way of reasoning (?) that took away 2/3 of my loss, or in case they rallied it would be good for them.
So my total break even for current position, 60K shares and 200K warrants, lies at $2.30 when the warrants die without value.
It's not likely that the warrants will get real value before expiry date.
In Kuwait, I gave my car away to a colleague when I left as prospective buyers would take advantage of my situation. In Norway, same situation with my boat. In Malaysia I gave away all household stuff, printer and computer as I could not get a fair price.
I'm not selling 600K warrants for a pittance for someone else to make maybe 100 or 200% profit on them.
Besides that, two black swans may be followed by a whole passel of white ones.
Call me a nutcase, but at least I find that altogether I
have fun.