Sunday, April 10, 2022 2:31:49 PM
At the current SP of 60 cents, doesn't it just kind of make more sense to buy Nile?
Add to that the fact that the SP of IMHC could either be immediately diluted - which is likely since in the PR there will ALSO be 140M IMHC warrants distributed, therefore cutting the stock value in half right then and there.
ALSO add to that the fact that Nile holders will probably sell off a bunch of IMHC shares as soon as they get them to make a quick buck (and since IMHC will probably initially tank a bit this will just compound that issue).
**Basically what I'm asking here is: Am I missing anything? How is buying this right now a good investment ATM? Honest Q.
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