TSXV:TRL.H - Post by User
Comment by
PigeonBreathon Oct 20, 2020 2:33pm
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Post# 31749108
RE:RE:Shares
RE:RE:SharesIf you're worried about Ian's ownership, then as long as the price hovers above $0.025, could you sell all your shares to the market on October 28th and use the proceeds to fully exercise your option rights in late November plus the residiual proceeds for the subsequent rights you probably get for having fully exercised? Depending on how the residual rights are timed, the subsequent option exercise might not even be a deemed continuous hold (check with your accountant).
I doubt there's market demand to withstand this type of maneouvre though, without tanking the share price along the way.