Post by
riverrrow on Jul 28, 2024 4:01pm
What are the buyout rules?
Right now if somebody offered 5 cents for each warrant due to expire this August they could probably buy 50 million warrants and then exercise them at 35 cents each. Would Roger be able to stop this from happening? Are there rules preventing these acquisitions?
Comment by
beenthere on Jul 28, 2024 9:33pm
Good point! IMO there is nothing to stop anyone from doing that but...but ... ...why pay 40cents(5+35) when you can get all you want for 20 to 25