Post by
Newstock44 on Mar 21, 2021 2:59pm
When is the earliest
The warrants can be exercised. This is the only time it benefits the company financially. fYI Pala Investments Limited and Castlelake L.P., through certain funds managed by it, the Companys two largest shareholders, have agreed to subscribe for 263,452,677 Units (which is a reduction of 25,750,000 Units than previously disclosed in the Companys press release dated July 15, 2020. This is only one of the two warrants Cheers
Comment by
nofluff on Mar 21, 2021 3:10pm
They can be exorcized from day one. There r 2 exorsize senarios. 1. exorsize above strike and sell existing stock to cover. 2. Before expiration exorcize and hold because u want more stock. I am a bit player. But I own my stock at todays warrant price. So I am happy. This is a grand play. I would own more. But I have other grand plays. nf