Cheers
We're all adults here as holders or ex holders, and I'm placing my trust in the Board of Directors and Brian to see how things unfold. This situation has a familiar ring to the early days of GRE. I'm not in a rush to take profits and am keen to observe how things develop over the next two years before making any decisions. My primary investments are in LRS and WML, which are performing well, so I feel comfortable taking a bit more of a risk with this one.
It's crucial to understand the broader strategic reasons behind such a capital raise. The decision to offer a discount on the share price could very well be a strategic move to ensure the success of the raise, even if it means some dilution in the short term. As for the options, their high paper value is indeed notable. However, this is a speculative figure, heavily dependent on several factors, including future market conditions and the actual exercise of these options. The estimated value of around $750,000 for these options needs to be understood in this context. It's all part of navigating the complex and often uncertain terrain of investment and corporate strategy.
GL with your future investments and trades.
(20min delay)