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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Comment by miles44on Feb 18, 2021 5:10pm
114 Views
Post# 32604700

RE:RE:Q4 - Can't wait!!

RE:RE:Q4 - Can't wait!!Reason is simple: lots of warrants were issued in December and these have an option to exchange them 2 to 1 for a share of 0.23 CAD. So once the price reaches this level, warrants get exchanged to shares and sold - thats always the problem when a company not only raises capital, but also gives out warrants: these warrants can be a burden to share prices for quite some time (weeks/months) until enough of them are exchanged and the newly created shares have found an owner who keeps them long-term.

But of course warrants are a proven concept and any positive development of Trevali will be seen in the share price. Just demands everyone to have more patience than without the warrants.
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