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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Andrew H who wrote (7694)12/22/1997 12:47:00 AM
From: Andrew H  Read Replies (1) | Respond to of 31646
 
Question re: the Warrants. I am considering buying some warrants tomorrow. The warrants are now selling at a premium of about .75 to their actual value in purchashing the stock.

I understand that the warrants will be called after the bid has closed at 6 3/8 or higher for 20 consecutive days. I also understand that I have 30 days to convert the warrants into shares with TPRO at a price of $3.50.

What I want to know is: does anyone know if the warrants are tradable for the 30 days (more like 22 with weekends) between the time they are called and the time they must be exercised? Appreciate the answer.