Post by
flight100 on Sep 25, 2020 10:57am
Question about KNR share structure
Does anyone know how many warrant & options and their exercise prices of KNR outstanding?
What is clear from recent news that KNR insiders have been selling their option & warrants that they have already raised one million dollars. Nothing wrong with it to raise funds but I think This explains recent price weakness in the stock price.
Any input would be appreciated.
Best.
Comment by
topseeker on Sep 25, 2020 11:03am
In the most recent interview, yesterday, it was stated that there is approx 40 M shares on a Fully diluted basis per Paul. Sincerely, Topseeker
Comment by
flight100 on Sep 25, 2020 11:08am
How many warrant & option shares are outstanding and their expire & strike price? Thanks
Comment by
mario2007 on Sep 25, 2020 11:12am
that part could explain the drop. If warrant were exercized
Comment by
mario2007 on Sep 25, 2020 11:10am
no recent insider trading. Weakness is only due to ... lack of buying. LOL! Seriously, I'm not happy but I think it's normal. We did not fill the gap to 3$. We went high too fast. We'll have to be patient for a week or two
Comment by
mario2007 on Sep 25, 2020 11:16am
as of sept 11, there was 31,466,936 shares outstanding. As of sept 23, 32,422,447. It looks like around 1M warrants were converted
Comment by
Freddy6980 on Sep 25, 2020 11:29am
There is no gap being filled it's undervalued already
Comment by
jakethesnake2 on Sep 25, 2020 11:41am
flight100 Where did you get the information that Insiders have sold options and warrants? As per SEDI, which is the website where insiders have to report all their transactions, there has NOT been any sales reported at all for 2020. please don't spread fake news Regards Jack
Comment by
mario2007 on Sep 25, 2020 11:45am
warrants are not necessarily for insiders. Anyone can get it from a Private placement and don't have to disclose it
Comment by
jakethesnake2 on Sep 25, 2020 1:08pm
Thank you for your clarification Good luck