RE:RE:RE:RE:RE:RE:PyroGenesis Announces Acceleration of Warrant Expiry DateYou're right except it effected the price per share in November because that's when the shares were created, NOT now! If we go up or down for a day it will not be because of this.
Aarman4 wrote: Technically, the creation of the shares and warrants back in November was dilutive, which gives downward pressure to the share price in the longer term as "per share" earnings are effected negatively, but it was done as a condition to go up to the TSX(secondarily as well as the nasdaq I believe, although not necessarily directly intended for it), and that jump to the tsx and nasdaq has had a much more positive effect on the share price, so it is a very fair tradeoff.
Also, it gives us cash, and cash is a good think to have!
Cheers!
gizmo66 wrote: gizmo66 wrote: Trebor69 wrote: Excuse my beginner's question, but will this have the effect of lowering the share price? Thank you.
<br the="" way="" i="" read="" it="" is="" you="" receive="" an="" option="" to="" buy="" a="" half="" warrant="" at="" $4.50="" which="" if="" exercised="" would="" be="" $9.00="" for="" full="" share="" higher="" than="" today's="" close="" so="" some="" people="" (the="" stupid="" ones)="" might="" not="" even="" exercise="" them="">