That’s correct they’ve tried to get warranthol
Post# of 154147
(Total Views: 278)
Posted On: 05/14/2019 11:17:17 AM
Re: Bored Lawyer #2896
That’s correct they’ve tried to get warrantholders to excercise before. With very little effect indeed other than a decreasing share price. If I recall correctly the share price was doing something like 60 cents and in no time was on par with the to 50 cents lowered warrant strike price.
It’s not to be ruled out this time it will put pressure on the share price again. I sense more people feel there is no (substantial) deal imminent otherwise this tender offer would probably not have been made, and there is some disappointment about it.
I’m having mixed feelings about NP once again. This was not what was promised (it IS dilutive) and also it is not a pleasant surprise for loyal shareholders (for warrantholders, yes, but not for shareholders) as he made us believe.
I can understand something has to be done about the financial situation, but I don’t feel good about having to think I’ve been somewhat mislead.
Don’t know about the US wash out rule (in my jurisdiction losses on investments are not deductible and profits are not taxed)
It’s not to be ruled out this time it will put pressure on the share price again. I sense more people feel there is no (substantial) deal imminent otherwise this tender offer would probably not have been made, and there is some disappointment about it.
I’m having mixed feelings about NP once again. This was not what was promised (it IS dilutive) and also it is not a pleasant surprise for loyal shareholders (for warrantholders, yes, but not for shareholders) as he made us believe.
I can understand something has to be done about the financial situation, but I don’t feel good about having to think I’ve been somewhat mislead.
Don’t know about the US wash out rule (in my jurisdiction losses on investments are not deductible and profits are not taxed)
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