GREY:ATBPF - Post by User
Comment by
MrMugsyon Jan 03, 2024 10:21pm
252 Views
Post# 35809872
RE:RE:RE:Any predictions
RE:RE:RE:Any predictionsThink about this Duster ... not everyone will convert warrants to shares (as you suggest).
Here's why ...
Very recently, I was buying shares between 45 and 50 cents.
That was a great deal as far as I was concerned.
So, if I have warrants at $1 and I took full advantage of the recent year to load up - why would I need to buy at a dollar ?
The only reason why I would exercise those warrants would be to quickly convert them into shares and sell them off for free money. But what price would I need ... to ensure I make money? I'd want share price to be north of $2.
Why would I buy using my warrants at $1 if I can buy under a dollar right now?
Something big would need to happen and perceptions of the company would need to change during January-February for me to exercise those warrants and keep the shares.
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Let's just wait and see if it's nothing - or - something.