TSXV:TEK.RT - Post by User
Comment by
KingBillon Jul 06, 2017 11:05am
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Post# 26439587
RE:RE:RE:RE:RE:RE:Trading today
RE:RE:RE:RE:RE:RE:Trading todayI believe some guys sold their tek shares after May 19th so they got TEK.RT free. Therefore their cost is just $0.015*2.5=0.0375
mecheng wrote: I believe the lowest cost is = cost of rights + cost of share for each right = 0.005 + 0.015 = 0.02 pre consolidation. post consolidation is 0.05. Warrants are at 0.02 pre consolidation.
am i missing something?
KingBill wrote: The lowest holding cost is 0.0375 post consolidation. So we may see sp touch 0.035 shortly (5 stars to abnormal TEK management). Expecting a decent Qtr 2 finance to pull sp back to $0.20 plus. GLTA
mecheng wrote: someone continues to dump today. what a drag. the market is definitely in the summer sell off grind.