TSXV:LBL.H - Post by User
Comment by
Smiles62on Jun 11, 2020 9:45am
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Post# 31138031
RE:RE:RE:RE:Second U.S. Virus Wave Emerges With Texas Hitting Record
RE:RE:RE:RE:Second U.S. Virus Wave Emerges With Texas Hitting Record Again from their website, April 7
The exercise price of the Warrants will be at a 25% premium over the market price at the time of issuance and have a term of three years. Further, the Warrants will also contain a provision for accelerated expiry should Lattice Biologics’ Shares trade on the TSX-V, for a period of 10 consecutive trading days, at a premium of at least 200% above the warrant exercise price.
does this mean if they draw at 0.05, the warrants that alumina get are priced at a gain of 25%, in other words 0.037? Anyone, understand this accountant gibberish?
If that is the case, then we know Alumina holds tons of stock already and pressuring the stock price at a minimum so they can rip us all off.
Again, I'm not sure I understand...