TSXV:LRT.UN - Post by User
Comment by
alkhoron Mar 04, 2022 6:04pm
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Post# 34485337
RE:RE:RE:RE:RE:RE:RE:RE:RE:8 Hours to the Next Postponement
RE:RE:RE:RE:RE:RE:RE:RE:RE:8 Hours to the Next PostponementBobTheKnob2 wrote: Lllennn wrote: @.005 your buying the DB at $130.00 imo
I see where you are going with this. I think it was not explained all that well.
Yes, you are more or less correct. Each dollar of the debenture was exchangeable for approximately 26.6 units which included the accrued interest. If you use current pricing of $0.005 * 26.6 = $13.30/dollar
That translates to $133.00/$1000 debenture. Absolutely you were more or less correct at current pricing.
This assumes you can sell your units at half a cent.