RE:Too many HPQ-warrants out there
GoTogether wrote: Shares Outstanding 230,537,866 + 4,394,600 (Increased Stake PYR, May 26, 2020)
Warrants 62,628,000 + 4,394,600 (Increased Stake PYR, May 26, 2020)
Options 11,400,000
Debenture 16,653,361
------------------- +
Fully Diluted 321,219,227 + 8,789,200 = 330,008,427
I don't understand how there could be too many warrants out there. Warrants are like money in the bank once they get exercised the money goes to working capital and the shares were diluted as soon as the warrants were bought. Not only that but the people who bought the warrants are effectively paying twice for their shares, they buy the warrants at a set price during PP and then to get the profit they have to exercise the warrants and actually buy the shares and on top of that they get taxed on the gains 54%