RE:RE:PP
$5.1 million of the $6 million Tudor PP has now closed in a reasonable 16 days since the first announcement. The PP is at $3.00 with no warrants. The stock closed at $2.37 yesterday. Someone is taking the PP deal when they could buy the stock at >25% less on the open market anonymously in street name. If the brokerage ran the trades through a dark pool no one would even know what brokerage house did the trades let alone the true owner of the shares. Anyone have input on why a PP participant would do this? I'm stumped.