RE: RE: Fin Post article on DMN.... LOL ""Why would a guy have to withraw the DMN.PR.A from his RRSP if they become delisted? ""
Because only listed securities are allowed in RRSP
"" Peter McLaughlin who owns more than 60% of the preferreds ""
Actually, Peter McLaughlin owns only 13% of pref. The author of the Fin Post article mistakenly included the 47% of pref shares owned by Solar Harvest. Mr McLaughlin did not participate in the negotiations of the settlement and he abstained voting
""Then what's left are worthless preferreds just collecting dust ""
They will keep on paying/owing a dividend of prime plus 2, with a min/max of 4% / 8%