RE:RE:RE:MustGrow Biologics Receives $1.5 Million From Exercise Of Wasparkdog wrote: Great for the warrant holders. Not good for the share price. Dilution is never good.
You are correct sparkdog but the company needs money to continue as a ongoing concern. They now have their pot filled so there's no need for another raise antime soon. Furthermore, the pressure on the share price will only be temporary as the warrants get flushed and the holders book their profits. With only 47 mill fully diluted and moving on a 14 billion dollar market, I for one, am happy about this as I can pick up more shares during this consolidation phase. GLTA