Post by
andre171 on Mar 06, 2024 2:33am
Capital dilution + 16%
11112000 more shares. Capital dilution of over 16% at CAD 0.90 below yesterday's closing price. DECOURAGING!
Comment by
andre171 on Mar 06, 2024 6:26am
If warrants are taken into account, this represents a dilution of 25% - HUGE! What's more, the exercise price of these warrants, set at 1, .2 CAD is quite low, doesn't it reflect a certain pessimism about the 36-month horizon?