RE: Kefi website Q&A today28 Sep 2022 16:14
Chasf et al. The Warrants point mystifies me. Future ongoing funding - at some point - requires the warrants to be exercised. But at 1.6 strike nobody will exercise - so this is no comfort at all to those who are worried about a further dilution from another placing.
Now IF everything works as per HAA's plan and the share price rises strongly then 1.6 might be attractive and warrants get exercised and funding happens automatically. But it's a huge "IF".
So how long will the current cash last?
I've bought lots of these recently but still don't get why some people thing that the warrants will save the day.