RE: Warrants24 Nov 2025 16:19
I feel like it could be on the basis that Fortified are incentivised to sell them as they earn commission. The ATM facility said they would look to sell at market value, but with the amount of shares readily available for purchase, I wouldn't be surprised if 'market value' is trending downwards the same as the share price is.
Short term pain long term gain as the company benefits from the shares sold, but I think the debacle earlier with not being able to buy on HL has hampered things. I've also noticed a trend in the last months that there seems to be a large dip to support levels then back up slightly over time before falling again to the next one.
I'm a long term hold so just means a chance to lower the average on payday, see what the next couple of months bring as we need successful commercialisation of Ixian in December followed by a contract in Q1 of 2026.