InvestorsHub Logo
Followers 17
Posts 1954
Boards Moderated 1
Alias Born 09/27/2020

Re: govprs post# 1081

Wednesday, 09/20/2023 5:46:38 PM

Wednesday, September 20, 2023 5:46:38 PM

Post# of 1250
That's always a risk with convertible debt. Some players better than others. I don't know the history of Triton or whether they're a good or bad player in funding small caps. One would think with he success of the phase 2 trial a funder would want to help the company achieve a successful phase 3 trial and FDA approval, not start dumping shares to trigger conversions at lower and lower prices, but I've seen it happen many times with other companies. Death-spiral financing is the term.

I plan on buying more shares and holding through the phase 3 trials.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BIXT News