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Strategies & Market Trends : Underexposed Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Underexposed who wrote (910)4/12/2021 7:39:16 AM
From: Trumptown  Read Replies (1) | Respond to of 914
 
Wow, that was quite an analysis and a very and thorough presentation! Thank you for taking the time to break all that down and present it in a very understandable way!!

Your 5-10 business day resolution is interesting. They announced early warrant expiration which probably caused the recent selling as the holders cashed in. However, that will complete this week on Wednesday...curious to see how share price behaves after that.

finance.yahoo.com

"The Warrants will now expire at 5:00 p.m. (Toronto time) on April 14, 2021 (the “New Expiry Date”). Warrants that have not been exercised prior to the New Expiry Date will expire unexercised and will automatically be void and of no effect whatsoever. The Company has delivered the Acceleration Notice as required by the Warrant Indenture.
Each Warrant entitles the holder thereof to purchase one additional common share of the Company at an exercise price of $4.50 prior to the New Expiry Date. If all the Warrants were exercised as of the date hereof, the gross proceeds to the Company would be approximately $5.2 million. As of the date"