Replies to post #42359 on Cytodyn Inc (CYDY)

[Fortuno]

Or the warrant holders -being sophisticated investors- are far more intelligent than expected. :)
I like to think of it that way.

It’s a positive.
Only warrant holders believing their warrants would become worthless would exercise now.
Most warrant holders think ultimately their warrants will be worth far more than they were offered now.
Very clever people!