RE: Rise10 Feb 2021 17:21
Afterrnoon, longtime lurker - new poster! Warrants are essesntially new shares issued by the company to another person/party to raise capital. They can be used at the new owners discretion within a certain timeframe, but show up as sells so dilute the share price. If used sensibly, they can be a great asset for to generate cash for development. Or, they can be frowned upon by other investors who may not like the discounted shares being issued to other people! Do correct me if im wrong on this. Good to see Vela keeping things moving and being progressive. Great BB when things are kept sensible, GLA, DYOR!