RE: TODAYS MARKET......... A couple more warrants questions I thought of to kick around here... Say there is a hostile buy-out attempt and the poision pill is invoked by SSL, then the warrants have to be redeemed to be able to buy the cheap poison pill shares... with the WT.A, it would mean shelling out almost twice the cash to get the shares as the WT. (I don't know if a buyout situation is really likely, just a consideration)
The other question I have is, I have a chunk of SSL.WTs in the tax free trading account (TSSF? in Canada). Does anyone know if the warrants can be turned into the shares withing the TSSF account using future year $5K contributions to pay the $.60 US balance through the account? It would be great to switch warrants to stocks and see this company mature in a tax free account.....
I'm new at this warrant stuff..... thanks for sharing...