GREY:CEQXF - Post by User
Comment by
EstevanOutsideron Sep 09, 2018 5:06pm
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Post# 28587110
RE:RE:RE:RE:all said- 13MM rights traded today- only 6.8 on TSX
RE:RE:RE:RE:all said- 13MM rights traded today- only 6.8 on TSXIf Cequence had a Sept 6th deadline for "subscription and renunciation" of rights, but they were tradeable until tmrw at 10:00am New York Time, what good are the rights if you can't subscribe? It says very clearly in the agreement, the deadline to subscribe was September 6th.
I am no expert here, so my question is something I am unsure of.
Hypothetically, you could have sent in your form prior to Sept 6 and purchased the rights at a later date, like tmrw. But if you don't do the steps as prescribed, Cequence made it very clear that it may result in an "invalid election."