RE:RE:We should know hopefully tomorrowI thought of it this way, if the warrants aren't tradeable and therefore no way to buy them then some people were willing to take the $0.035 loss on the shares to basically double their position.
DJDawg wrote: So I'm cash limited at moment and sadly cannot get into this offering.
But I'm trying to understand the pattern
People are selling shares they have for 0.185 and they going to buy shares at 0.22 plus a 0.28 warrant. So the math is that they expect to sell the share at 0.22 and then sell the warrant for at least 0.035 (0.22-0.035) for break even.
Is that correct?
So if that is the math, then other people are buying the 0.185 shares BECAUSE they believe the price will go up but not enough to make it worth using the same money for a share plus warrant combo.
I'm very confused as to how this all works.