GREY:ATBPF - Post by User
Comment by
Montana5on Mar 01, 2024 10:08am
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Post# 35908950
RE:RE:RE:If ATE
RE:RE:RE:If ATE Mugs, it's only easy access to cash if the warrant holders see upside value in the conversion. Time will tell how many of the warrant holders convert. For those that do convert their warrants, are they in ATE as an investment or a quick flip of their newly acquired shares? For the 'flippers', will there be enough of a market to absorb those shares without beating down the share price? Yes, the company may get easy access to $6.5 million, which can be used toward potential settlements or for other corporate purposes, but at what cost to the shareholder. The timely success of P2 this year is crucial. Hoping 2024 will indeed be a good year for ATE.