Re: Surprise
posted on
Nov 29, 2019 11:29AM
Awesome thoughts Golfyeti...I've been struggling a bit with this news, trying to wrap my head around the rationale, and your thoughts have helped flick the light switch on finally. I can get trapped into a way of thinking, and I can keep going down the same track with rails that are leading me to the wrong station.
Heretofore I'd been thinking: WHY??? Why offer an incentive if there's going to be news coming out that's going to send RVX significantly higher? If the highest price of the warrants is $4 does that mean that $4 is a ceiling so to speak?
Your thoughts helped me realize (finally) that this isn't necessarily a ceiling.....it simply provides an incentive for warrant holders to convert NLT Jan 10th in order to increase the value of their holdings as opposed to simply sitting on them. The obvious benefit being an infusion of up to about $20.7 million CDN.
Now back to my popcorn, thank goodness for this buttery salted treat because this movie is really boring right now.