RE:May 4th is almost upon us Yes it's going to close completely hopefully.
petrr
TXRogers wrote: The Last PP is about to close, and the "refresh" trade will be complete. This is a trade where Accredited Investors could dump their existing Novo common shares to finance their positions in the new PP. The prize being the acquisition of the $3 warrants exerciseable in 3 years.
If you jumped onto this trade the first day in was announced, the brokerage house would have given you a full allocation as per your request. If you were smart, you could have rolled over 100% of your holdings.
A drop from the $CAN2.55 PP price to the current market price is understandable in such a trade. It's pocket change when the 1/2 Warrants are now added into the investment portfolio - and your common share holdings remain unchanged when completed.
And now it's done. A nice little play.
Tx