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Post# of 704154
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JerryCampbell

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JerryCampbell

Re: tryn2 post# 258550

Monday, 01/06/2020 1:33:15 PM

Monday, January 06, 2020 1:33:15 PM

Post# of 704154
Consider the real price at which Linda Powers was just a willing seller.

$0.202 - ( value of warrant repricing ).

The prospectus supplement provides a range of repricing rather than fixed values, so an exact calculation is not possible, but certainly below 20 cents.

I suspect the limited downside pressure is because the offering was small. If the deal had been larger, it would be reasonable to expect a market price at or below the offering price.
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