Sorry. Bad mathThere are 4 million warrants that were 56% out of the money 2 months ago that are now suddenly in the money.
Thats four million more shares that can be sold at a risk free profit Today, than there were two months ago.
And the risk free profit grows higher quickly with any gain in the stock.
A penny higher makes a difference.
One penny increases the return 1.3% off a 75 cent cost base.
These are facts you must confront.
There are 4 million new treasury shares for sale overhead