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Posted On: 05/29/2019 11:59:48 AM
Post# of 149265
Interesting, thanks. Still not aligned with what I’ve seen and heard! I suspect that we’ll hear some interesting things from the company soon.
I agree with your math on selling shares to exercise warrants. The breakeven is a little different for everyone based on what your warrant prices are, but you’re right that it doesn’t make sense if you expect the stock to have a terminal value of more than about $2.
I agree with your math on selling shares to exercise warrants. The breakeven is a little different for everyone based on what your warrant prices are, but you’re right that it doesn’t make sense if you expect the stock to have a terminal value of more than about $2.
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