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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (26589)11/15/1997 11:16:00 PM
From: kimberley  Read Replies (1) | Respond to of 35569
 
Zeev,

still not quite clear...first, what exactly do you mean by draw down?
Does the 25% premium discourage the short selling that sometimes takes place with these? If they were will to pay a premium, why not just do a pp, at say $6.50 now?

best,
kim