Yep, agreed. I totally understand people's views about the perceived incentive not being there in January. But my bigger issue is that CE clearly expected to convert those options, and therefore was likely expecting a cashflow injection into our coffers around the end of this month. I'm flabbergasted that some holders don't seem to be taking into account what this unmet expectation could mean for us, especially after only raising a marginal amount of capital at a huge discount in our last CR.
Are we going to be short of funds now? Only CE knows, and I'm sure we'll only find out once it's too late.
WR1 Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
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