Sonoro Energy Ltd. V.SNV

How?

[KickPumpForGoal]

Can someone explain how the exercise of warrants has caused the shares to slide dramatically? The amount raised and shares issued should not have impacted the SP that bad.

[copperplay]

Sell at 20, 15 or 10 cents and buy more shares for 5 cents  this is impact of warrants at cheaper prices 

[ark88]

A warrant holder sells enough shares to raise the cash needed to exercise the warrants. If warrant holder holds 1 million warrants priced at $0.05, the cost to exercise (convert to shares) is $50k. So lets say he sold all at $0.10, he would've had to sell 500k shares. If he sold all at $0.20, then he would've had to sell 250k shares etc etc. The net effect is selling pressure that puts