RE: RE: EDV - Preferred Shares My broker told me that the conversion is waiting for the transfer agent on the AVR/EDV side to signal, and to take the change-over. Basically, it rests on the transfer agent on the AVR/EDV side, not your broker.
This also tells one, that the sp is not going any where fast, until this is all been taken care of.
EDV have taken over a number of smaller companies, and each time the sp suffers throughout the closeout.
This probably explains why the sp has been range bound too.
My best guess, it will either happen in the new year, probably by next Q out.