RE:RE:NAV @ 12:48 pmTheoretically, Quadravest can use any day's closing NAV they want since the last update. However, I don't expect them to use a calculated NAV earlier than one trading day before their usual mid-month update. They can certainly also use a date near the end of the month, so long as they can make their announcement five trading days before the record date, as per TSX regulations.
azzurri wrote: @AnEducator: What is the range of dates Quadravest can use this month for the NAV calculation as it relates to FFN meeting the $15 threshold? I believe they can use today's close as the earliest. Also, what do you have as your NAV estimate at close today?