OTCQX:FSXLF - Post by User
Comment by
savinfamilyon Aug 12, 2021 10:56am
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Post# 33691459
RE:RE:RE:It's A Great Day For FSX
RE:RE:RE:It's A Great Day For FSXQuintessential1 wrote: ... am I correct in assuming the warrants will not cause as much share price disruption as the escrow shares as they have to be excercised at $1,10 for the first batch and higher as they go?
In my very humble opinion, you are very correct, just taking because:
- 658,254 warrants x $1,10 are brokers warrants with the same expiry date like 1,981,091 warrats x $2,00
- we'll have only 2 months (about 50 trading days) between this first expiry date and a second one, much more important - July 21
- at this date we'll have 121,468 warrants expiring x $4,00 whici are brokers warrants too + 976,250 warrants x $4,95 ($5,32 mil. cash)
- THE BROKERS ARE THE SAME.
Hope I was clear and accuracy: less than 1 year reamaining to push the price at a level where all these securities are "in money", to be exercised, hence to grab the cash. In other words, 4 bagger from today price, without assay results.