What will determine the value here is when the warrants expire. Six months is very short considering the 50 -50 potential of a major recession...
No value here. The shareholders will end up with worthless warrants. Word is strike price at 115% of new issue price and term of 6 months.
We are already in the beginnings of a contraction. The real estate bubble was created by an over extension of credit. Same happened with...
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