When you consider the millions of shares that are in play, the exercised warrants are a drop in the bucket. They are also not on the open market, but are owned by current shareholders. If everyone exercised their warrants, then turned right around and sold them to grab a quick profit, there might be a slight, temporary dip. Might be, and temporary. With the current volumes it would take days, if not weeks to sell those new shares. And I think there's usually a holding period once the new shares arrive. Can anyone confirm that?
In short, exercising warrants has little impact on the open market. And I'd rather have that cash infusion into the company than to have CF offer yet another dreaded PP. God help us. Now that kind of dilution would not be helpful.
IMO
Hate it when I hear it, and usually avoid saying things like, "this might be our year," but I'm thinking... Heck, this just might be our year.
Cheers and GLTA
Leo