OK, glad to hear it, good on you (and hear you re not doing something stupid, only takes a second -g).
I have a little PG as well, would expect that at some point they'd dividend out the Royalty Co shares, but maybe they'll need the cash/dividends for awhile, so who knows.
BPV warrants, I was thinking because strike was $0.50 and they're trading at that, and because there's 2 years left on the warrants, that they should move approx at 50% of the stock move, so price is OK, just not a great deal I guess. Also, I'm thinking they'll have to adjust the warrants to reflect that on exercise you'd get post-consolidated shares plus a warrant - since they're giving a warrant to all existing shareholders, the existing warrant's indenture should cover changes in capital structure and on exercise I would expect you'd get the equivalent. FWIW, could be wrong, since I haven't read it.
Have bought a few, don't know that any sort of move is imminent, just positioning a bit
Going to look at AMM |
