GREY:ATBPF - Post by User
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Actuarialon Feb 25, 2021 11:36am
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Post# 32658177
RE:RE:RE:Last Chance
RE:RE:RE:Last ChanceATE/AH amalgamation should not be viewed as a strong positive nor negative event. AH was there ever since the birth of ATE. AH will take a cut either in a format of percentage of royalty, or, in a format of shareholder - it is the same unless ATE overpay AH to convert royalty into shares. The only way to hurt current shareholders is another PP, which is remote or even would not need in future imo. I bet the current sale of ATE were from PP participants. While the last PP is at $6 per share, I suspect these PP participants also enjoyed the PP before the last PP at $4 per share. And therefore, they can sell their common shares at much lower price than $6 and hold warrants for free. Two PP within eight months hurt retail investors hard. However, that is the price we have to pay. ATE will fly, and soon. The sky is the limit. GLTA longs!
Goaweigh wrote: Yes, this is now the only issue outstanding that could negatively impact the price in the near term however I suspect the Underwriters of the $ 40 Mill were given some range of the most likely outcomes before writing that cheque. The issue must have been addressed and addressed.
Doublett wrote: I would hold out for the amaligimation dilution before thinking about loading