iShares Technology Opportunities Active ETF V.TEK.RT

Primary Symbol: TEK

ARCA:TEK - Post by User

iShares Technology Opportunities Active ETF > Trading today

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Comment by KingBillon Jul 06, 2017 11:05am

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Post# 26439587

RE:RE:RE:RE:RE:RE:Trading today

I 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.