Q: hello 5i:
regarding the subscription receipts: they are currently selling for less than the stock price. If I have this right, I can buy the receipts and then convert them to regular shares. Why would I not do that, rather than pay the current stock price?
thanks
Paul L
regarding the subscription receipts: they are currently selling for less than the stock price. If I have this right, I can buy the receipts and then convert them to regular shares. Why would I not do that, rather than pay the current stock price?
thanks
Paul L
5i Research Answer:
Yes; the receipts can be converted into common shares, and receive the same dividends, so...