TSXV:RHT.H - Post by User
Comment by
mingzhuon Nov 29, 2021 7:01pm
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Post# 34177916
RE:RE:that is what CEO called profitable
RE:RE:that is what CEO called profitableThere are 2 major ways to financing non profitable company: 1 stocks, 2 warrants and options, To issue stocks, it has to have 10 -20% discount of market price. But options and warrants are at prevailing market price. RHT is using the second one, which i believe is rather smart. Whatelss you can do without money to develope a company? they cannot get money out of air. When they issue options and warrants, share price has to go up to make these paper meaningful. Anyway total stocks and warrants /options are 200m. That is bottom line to calculate future earning.