GREY:PGDIF - Post by User
Post by
ekimon Aug 05, 2017 12:52pm
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Post# 26551008
TD details
TD detailsGot my package in the mail on Friday.
American's banking with TD had until noon on August 3rd to confirm eligibility vs. the PGD deadline of end of day on August 4th.
That means that TD could have started liquidating those rights into the market on Friday and there was a bump up in volume on Friday.
Probably more of the same on Tuesday to try to liquidiate those US rights.
Because there is a market for those rights...it may actually be Canadian rights that end up in the standby agreement. If Canadians ignore their rights..they will fall through to the oversubscription. Americans will have someone actively selling for $$'s their rights.
LONG...PGD
EKIM