TSXV:HWK.A - Post by User
Post by
UptownGirlon Sep 04, 2013 8:34pm
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Post# 21718895
a/b share spread
a/b share spreadTell me dacre since it's just you and me here. Am I missing something? The A shares are trading at 0.425. The B shares are trading at $3.70. Those B shares are worth essentially 10 class A shares and will be converted by June (if I remember correctly) 2014. I realize that there are only approx. 1,000,000 + B shares, but does it not make sense to buy them given the price difference and conversion factor? You can buy the shares at 0.425 (class A) or 0.37 (class B after 10 for 1 conversion)?