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whosleftholdindabag

05/04/20 6:33 PM

#281428 RE: sentiment_stocks #281427

You wrote: "If, however, the share price rises well past that $0.22 LP suspended her warrants for, you will likely then, as will other longs, very much value the price she paid to extend her 29 million warrants."

Senti, she paid NOTHING for the extension....nothing. They canceled her existing warrants and gave her an equivalent number of warrants at the same strike price. GLTA
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hankmanhub

05/04/20 9:05 PM

#281454 RE: sentiment_stocks #281427

Not really Senti. Most of us longs would not likely exercise any warrants prior to November for some small spike (maybe a buck or two) and much rather hold for the big prize, RISK FREE, some 2 to 2 1/2 years down the road when the pay off would probably be many multiples higher! The spike before Nov. would most likely imply the much better news to come and much higher prices ayear or two down the road. So giving up the right exercise early in order to exercise late at a much higher price, is not really giving up anything as most of us would do the same voluntarily, without being bound to do that.