TSX:CUS.DB.D - Post by User
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00STSon Jan 21, 2014 1:38pm
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Post# 22116491
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Worst is over
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Worst is overThey may not be available at 5.60 since they will have been bought and paid for well before February 5th. Payment will be made directly to the brokers handling the new issue - not through the open market. They will not necessarily ever be offered the open market and if they are the holder will determine the ask price based on their estimation of value - not what they paid for them. The open market is what determines the price.
Am I wrong here?