Post by
monty613 on Mar 17, 2021 9:35am
a reminder - Li Ka Shing bought at $9.80
Li Ka Shing bought at $9.80
you can bet the institutional shareholders were made privy to what FYE 2020 would look like and what F2021 guidance would look like
Q4 CRH results were great and this will feel into WELL
Comment by
OnlyOIL on Mar 17, 2021 11:55am
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Comment by
monty613 on Mar 17, 2021 12:21pm
wasn't that a previous financing? i don't see anything here about warrants here? 1 sub receipt will be exchanged for 1 share of WELL https://www.well.company/for-investors/news-releases/well-health-announces-completion-of-upsized-c3025-million-equity-offering-led-by-mr-li-ka-shing-and-included-several-large-institutional-investors
Comment by
OnlyOIL on Mar 17, 2021 12:35pm
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Comment by
monty613 on Mar 17, 2021 1:02pm
it's called a subscription receipt because if the transaction doesn't close, the shares don't get issued. they don't always come with warrants. pretty sure if they do come with warrants, it's always disclosed. you said this equity raise came had 1/2 a warrant come with each sub receipt and therefore the price wasn't really $9.80 - where did you get that info?