Post by
TheMadMonk on Feb 26, 2022 12:46pm
Value Concentration
444,925 warrants expire tomorrow February 27th worthless, thus concentrating value for existing shareholders by approximately 0.85%. Next lot of nearly 2.9 million warrants is set to expire June 30th 2022, and then another lot in the middle of August. In total once all the 2022 warrants expire it will increase existing shareholder equity by approximately 7.8%. With some news hopefully starting to flow by mid-year, 2022 looks to be exciting for ATE shareholders.
Comment by
MrMugsy on Feb 27, 2022 12:48pm
Well said MadMonk. Will take as many expired warrants as we can get. Cheers !
Comment by
StockingUp21 on Feb 27, 2022 1:03pm
One nice way to look at total failing and very bad for raisinf money next time a round
Comment by
MrMugsy on Feb 27, 2022 1:09pm
Let's worry about money if we ever need to go in search of it again. Right now, let's get 346 and 352 to P2. By then we'll also know where we stand on the chronic side and what's needed next. Also remember, summer is a world away when it comes to drug development companies - too early to tell where we'll be by then. Good Luck Longs !!!!