RE:RE:RE:Strange TradingI came up with the same total Stockvet. Im don't know if thats a 100% accurate tried to find it on Sedar but struck out.
I'm pretty sure looking at house positions annonymous has been converting debentures to shares already and selling off the shares. Would explain thier never ending supply of shares to sell. So we may be looking at a much smaller number of shares left to deal with.
Looks like the price is having trouble holding $9.00 today, maybe no acceleration to worry about after all. Last hour of trading will tell the story will need some buying to prop it up.
In September yes, but during December, not really (the market downturn did not help, that's for sure)! I'm not too sure how these debenture accelerations work, if anyone could correct me, please do:
They closed 32 980 debentures at 1000$ each for a total of 32 980 000$ last summer.
With 1000$/6.25$ = 160 shares per debenture, are we looking at an influx of 32 980 * 160 = 5 276 800 new common shares?
Thanks!
Tradertimestwo wrote: Doesnt always work that way. Last time they accelerated warrants i believe the stock went significantly higher. I would rather they get it over with.
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