Dig And Sell
07 Feb 2018
Re: Warrants Hi elsgly, sorry I didn't reply to this yesterday. It's been an, ahem, 'interesting' week so far! When someone decides to invest in your business, warrants can be issued in order to sweeten the deal. The investor acquires some newly created shares in your company in return for their cash, and they usually pay a premium to the current market price. This gives your business a boost. Part of the investors potential return on their investment is deferred by giving them the option to buy further shares at a fixed price at some point in future. The warrants will usually have an expiry date such that if they haven't been exercised by the agreed date, they lapse. The dilution occurs at the point when the warrants are exercised, and you need to create more new shares (assuming you don't have any unallocated shares held in treasury) Whether the person exercising the warrants decides to keep their new shares or sell them immediately for a quick profit doesn't depress the share price any further. The shares exist, and someone owns them. It doesn't matter who that someone is. In the world according to DAS, exercising warrants is a bit like getting a tax bill. No one likes them, but you don't get a tax bill unless you have made a profit, or earned some income, so the bill is actually a sign that you're doing OK.Warrants won't be exercised by the holder unless the fixed price is lower than the market price, so the fact that the holder wants to exercise at all is a sign that you're doing OK.If your business is doing well (and hopefully the injection of new cash a while back means it should be, if you spent it wisely and had your fair share of luck) the warrants will be exercised and existing shareholders experience some small dilution. But remember that the share price went up a good bit first, and now it's being diluted a little bit, so everybody is happy overall. At least, that's the way I like to look at it! Cheers, DAS.
Maverick
07 Feb 2018
Warrants Its often best to get the warrants cleared as soon as possible. So I see the exercise as a good thing.
elsgly
07 Feb 2018
Re: Warrants Just been trying to read up on warrants as no one seems to know or be interested! Looks like (from my understanding) they are not particular good news for us, it increases the shares in the company diluting value and they can be sold at anytime which will, I assume, bring the share price down. Let’s hope they hold them till 17p.
elsgly
06 Feb 2018
Re: Sold at 3.60 - 300% profit Because the spread is so big it’s hard to trade but that’s a good profit, I’m looking for that 17p they were talking about!!!
Dolphy
06 Feb 2018
Re: Sold at 3.60 - 300% profit yeah the fact that this has held so strong during the chaos may mean you don't get the opportunity to buy in lowed. Good Luck. I guess anything lower is good.
karl2991
06 Feb 2018
Re: Sold at 3.60 - 300% profit My view is that you sold to early this has 10p+ written all over it in the next few months . Each to their own and a profit is a profit so well done .
Pinlord17
06 Feb 2018
Sold at 3.60 - 300% profit Sold at 3.60 and made a great profit are there any views on when to buy back in again I am an amateur at this game
elsgly
06 Feb 2018
Warrents When warrents are exercised at low prices is there a time limit on when they can be sold for instance they buy today at 1.25 can the sell immediately at current price? Money going into company is good but, will they sell and bring our share price down?
Dig And Sell
05 Feb 2018
Re: Fair Value? Two or three generally "red" days across the market of late, but THR seems to be holding steady around the 3.75p level, even when other miners have taken a hit. The markets recognition of intrinsic value may still be some way off, but hopefully the days of bumping along the bottom are behind us now, and we can gradually return to the dizzy heights of the 5-year chart. At this stage I'll settle for standing still. Steady as she goes... Good luck to all THORites, DAS.
Larry_the_Lock
31 Jan 2018
RNS [link]
Dolphy
31 Jan 2018
Re: don't think has been posted on aim nothing goes to plan... but lets see
elsgly
29 Jan 2018
Re: don't think has been posted Sounds amazing let’s hope everything goes to plan, thanks for the link.
Dolphy
29 Jan 2018
Re: don't think has been posted Must say I'm very tempted to top up
Dolphy
29 Jan 2018
don't think has been posted [link]
Dolphy
26 Jan 2018
Re: Steady and held 3p Mahoosive spread. Lets see. I have a feeling its not the new dawn we're looking for. But its proof when it come it's going to run like the wind.
