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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Comment by conspiTheoryon Sep 05, 2015 12:04pm
283 Views
Post# 24081440

RE:40 cent warrants

RE:40 cent warrantsSeptember 26

BNCAK: 15,517,241 Unlisted Warrants issued
pursuant to a Prospectus. Each warrant is
exercisable into 1 Common Share at a price
of CDN$0.40 per common share until 5pm
(Toronto, Canada time) on September 26,
2015.
 
BNCAK: 2,172,413 Unlisted Broker Warrants
issued pursuant to a Prospectus. Each
broker warrant is exercisable into 1 common
share at a price of CDN $0.29 per common
share until 5pm (Toronto, Canada time) on
September 26, 2015.
 
BNCAK: 1,387,069 Unlisted Warrants issued
pursuant to a Private Placement. Each
warrant is exercisable into 1 Common Share
at a price of CDN$0.40 per common share
until 5pm (Toronto, Canada time) on
September 20, 2015.
 
BNCAK: 194,189 Unlisted Finder Warrants
issued pursuant to a Private Placement.
Each finder warrant is exercisable into 1
common share at a price of CDN $0.33 per
common share until 5pm (Toronto, Canada
time) on September 20, 2015
 


https://www.asx.com.au/asxpdf/20131004/pdf/42jtlg6ws0gmjf.pdf

now BNC-TST >0.40 since August 2013

this is the volume for the day where the stock peeks into 0.4x not the the volume above 0.40

3 Sept 2013: 700K
10 Sept 2013: 200K
11 Sept 2013: 600K
21 Jui 2014: 6500K
and then everyday since Aug 24 2015: 17 million

this is a tight volume for 16 million warrants. But it should be easy to verify. if there is more shares, the number of shares has to be printed.

What is the legal time between warrants excercised and number of new shares displayed?
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