Purpose Canadian Financial Income Series A T.BNC

Suggestion

[cardu]

For those of you who are worried that PLI might jump in value before the conversion, why don't you sell TST at 0.135 and convert to PLI? I did and I'm already up a little.

[vega509]

that works if no better offer comes, and assumes shareholders accept the 14 cents. ( the most likely IMO) many are hoping for a better offer, should this happen you have already comitted to the 13.5 cents you sold TST for. hopefully this works out for you. best of luck

[cardu]

I understand the offer from PLI is a binding offer. Which means , to me, there is no chance of another one unless the shareholders turn it down. I agree with you that it is unlikely that will happen. However, if it did happen the stock price would probably plummet minus another offer. In this whole sorry mess I blame the FDA. They encouraged the company to apply with the existing stats and then

[Whatamidoing1]

Don't forget the option of sell at .135 or .14 and if share holders don't accept offer buy back in at .04