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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

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Post by MoneyMan123456on May 18, 2021 7:40pm
322 Views
Post# 33227434

Warrant Conversion ??

Warrant Conversion ??Any guesses on when the holders of the warrants will convert their "gifts" given to them by management??  Also I find it perplexing that people are still out there buying the warrants, when you could just buy shares on the market for cheaper (8 cts / warrant is a pretty big premium if you are worried the share price could tank).

Trevali must have been in quite a desperate situation to have had to provide such a rich deal to attract investers.  

A 30% premium to their $0.23 warrent exercise option would put the price at $0.30.  If I had to guess I would think they would exercise at around 0.30 - 0.32 SP, expecting that the additional sharecount woul drive the price down somewhat.



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