RE: Warrants22 Feb 2021 12:57
Mike
You can comment on what you like.
I was simply making the point that the fact that all warrants were taken up by the holders, and our underwriters weren't required to contribute a single dime, was a positive indication of investor sentiment towards IRR.
I was well aware, as N2S was at pains to point out, that it was an unrisked 8p p/s, but given the raise was 9 months ago i still think it's positive that all holders exercised given that there's a multitude of reasons why someone might not have been able to (such as pulling funds out of the market, being invested in an illiquid stock etc etc).
I regret saying anything. If I'd known it would have generated such a response then i wouldn't have.
I find the IRR room very hard to read. Offer a constructive criticism, get panned for it. Offer positivity, get panned for it. Unless you're one of the frequently mentioned oracles where you can basically say what you like...