(Total Views: 605)
Posted On: 09/23/2020 10:49:02 AM
Post# of 155130
Re: ClosetInvestor #57504
Cydy should consider offering an inventive for warrant conversion (like 30% off of the conversion price) unless this affects the fife deal.
It is like having a CD that matures a couple years from now ( the warrant expiration date) and not wanting to pay a penalty to get money that you really need now.
Like the last tender offer, you could restrict the sale of the shares for six months so no selling pressure for 6 months.
Time to get money from as many warrants as they can in the short term - many people will choose to just sit on their warrants waiting for price increase without an incentive.
The paradox is that they need to have the warrant money to meet needs for upmost which should help the price
Hopefully they can tap this warrant resource early.
IMO
It is like having a CD that matures a couple years from now ( the warrant expiration date) and not wanting to pay a penalty to get money that you really need now.
Like the last tender offer, you could restrict the sale of the shares for six months so no selling pressure for 6 months.
Time to get money from as many warrants as they can in the short term - many people will choose to just sit on their warrants waiting for price increase without an incentive.
The paradox is that they need to have the warrant money to meet needs for upmost which should help the price
Hopefully they can tap this warrant resource early.
IMO
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