RE:RE:RE:bought deal why?
Hello Canadafan and curious about a couple things that you mentioned. As for the units in the offering, they will be able to separate the warrants from the stock and they can trade separate....I know this as when CC offered a similar deal I was able to pick up a bunch of the warrants on the open market when they became available but expired last year as onc would not extend the warrants and everyone said they did not want the overhang of the warrants because of the dilution but now we have that again....Hopefully this time is different but the units will be divided and can sell separate I believe as this is what happened in the past.
You also mentioned that once the deal closed that onc will be sitting on near $2 ps in cash, that would be over 120 million dollars and I do not think that will be their cash on hand so hoping you might clarify that figure and thanks.