Niocorp Developments Ltd (NB): If you sold shares to buy the warrants a...

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Re: NEgoodlife post# 99252

Thursday, 07/27/2023 9:53:53 PM

Thursday, July 27, 2023 9:53:53 PM

If you sold shares to buy the warrants and lower your risk profile it may have made sense. If you simply did it to invest more in the company via warrants instead of outright shares you still increased your exposure to the company. So it’s dumb if you are actually looking at it from a risk standpoint. You didn’t decrease risk, you just took on less than you would have if you bought more shares directly.

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