Again I’ll repeat my language might have been strong but I’ll try to tone it down going forward had no intention to call management fraud if that was the message relayed I am sorry.
Now you said illogical math can you exactly point out which part was illogical ?
Mistake in my calculation of warrant profit? Or amount paid upfront. Or company profits. If you want I can give links to each one of the data sources.
But as I said in my original post if you read it at all. I might be wrong with my calculations too so if you want to call it illogical please provide your numbers on this or correct mine.
As pointed out by other members as well timing was too perfect of warrants issue so numbers are based on that. Again sharing snippet from article from Dr. Vijay Malik incase you missed it in article
If promoter wants stock should buy from market plain and simple like any other shareholder!!
Also here is another snippet from article which quotes sebi
Clearly warrants are higher probability call options. If you see the names Tata Power and Pantaloon are also there.
So putting in 5 cr for potential profit of 50 cr in within 18 months when I know my company is gonna do really well fundamentally. I would not miss it.
I’ll just repeat for one last time it’s just my opinion don’t like it move on. Your money your view.
Fundamentals are not the only thing management is also big key maybe thats the difference between Tesla and Rivian.
Hope Sky gold makes new highs cheers.
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