TSXV:FCO.H - Post by User
Comment by
BearBull007on Jun 12, 2021 7:46pm
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Post# 33378456
RE:Warrant holders will "smash"the stock unfortunately
RE:Warrant holders will "smash"the stock unfortunatelyAs of February 19, 2021, 50,500,000 share purchase warrants @ $0.10 were outstanding from the August 2020 financing.
88guy88 wrote: Peter did one of his best interviews with George from Agoracom....but the stock price came up in discussion.....Peter said its likely the warrant holders keeping the price down...millions of warrants out there
So warrant holders have until the date of the special vote to excercise their warrants and they likely will and sell their market shares which will put down pressure on the stock price
The deal is for every "5 shares" you own...not for every "5 warrants" you own that you get 1 copper share for free