Hold periodI wasn't sure but found a few links.
There is no hold period on the new shares. So, the price will likely drop today to 0.22 or less.
Once they announce closure then there will be an extra 16 to 24 million shares out there for which they have been bought at a cost of 0.22. Which means that the price will have a hard time moving much above that since the Research Capital Shares will be intermittently sold be people who are happy to just keep the 0.28 warrant.
So in my opinion, for November, the price will stay around 0.22 to 0.25. Anytime it goes much higher so lump asks will appear and likely knock it down.
The only thing that will break 0.28 will be BTD announcement.
Anyone disagree with my logic?