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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > Sorry. Bad math
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Post by tamaracktop on Aug 31, 2024 3:55am

Sorry. Bad math

There 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
Comment by tamaracktop on Sep 16, 2024 12:50pm
- August 31st. If you're very very lucky, you might be able to sell this at 85 cents. If you aren't, this tanks before the next quarterly report.
Comment by Melida on Sep 16, 2024 2:39pm
I've asked this guy before exactly how many warrant holders have agreed to the repricing.  Never got an answer.  He never answers the hard questions.  As we all should know, it's at the option of the individual warrant holder to have their warrants repriced.  It's not an easy decision to make.  They all have to figure out the early triggering event that Pyro ...more  
Comment by Mostlyserious on Sep 16, 2024 3:02pm
Why would they miss out on bigger gains at a later date?  That makes no sense but maybe there's something I don't understand.
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