RE: Warrants1 Sep 2025 18:21
Bowlers12
"Why are these stupid warrant holders still selling?"
The warrant holders had the option to buy shares at 2p.
They have been selling them at 40p, 30p etc etc.
Right now they can still sell any they might still hold at 3.5p
So selling 200,000 shares brings them a profit of £3,000.
They might decide to spend that money on the same companies that Met1 has invested in but they could decide when to get in or out. Or they could put that money and many times that from profits in solid companies that make profits and pay dividends. If the assets of Met1 are only worth 1.75p what would you do?
So not stupid. They are rolling in profits.
There are only 850,000 cash warrants left from a total of £750,000,000 cash and prepaid warrants.
Some people bought Met1 because it seemed to be rising fast, some bought because of scam ads and a FOMO and maybe some thought/think the company was/is going to find something significant in the ground.
Throughout all of this LTI has been warning others.
He can be quite rude and boastful (of his IQ and wealth) but it would be difficult to argue with the gist of what he has written about Met1 consistently. It can be painful to lose money and be told you're stupid but there is little point in shooting the messenger! I prefer to think of myself as trusting (of a friend's advice and naive for not investigating further)