You are not getting it. The people that have put up $30 million ideally want to put up $30 million again at 6 cents per executed warrant post split unless there is an RS adjustment etc.. In any case the formula for them seems to be to double their initial $30 million as quickly as possible and then chew on the warrants. It is similar to an investor paying $30 million and sell for $60 million if possible, and then plow back $30 million for a free ride.
They definitely hope to profit, we shall see but I recommend retail stay away for now, I don't think Simpson and big investors make allowance for retail which is same ole, same ole
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