Welcome To The Questerre Energy HUB On AGORACOM
(Edit this message through the "fast facts" section)
Message: Re: NR-Ravensden Asset Management Inc. Announces Exchange Ratios for Exchange Option
Dec 17, 2008 08:54PM
Dec 17, 2008 11:06PM
Dec 18, 2008 06:37AM
Dec 18, 2008 07:25AM
Dec 18, 2008 08:02AM
Your Vote:
Did you know?
You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)
This is a limited partnership that is being wound up. The list is all the equities that the LP currently owns. The investors have the option of taking possession of the individual securities rather than cash.
If Ravensden's investors want cash then all the securities have to be sold at fire-sale prices. If they choose the securities then Ravensden will just mail them the certificates.
For example, if an investor has 1000 units of the fund then they can get 175 shares of QEC.
Either way it should not have too much effect on the SP.
Hope that helps.
TW.
1 Recommendations
Loading...
Loading...
Dec 18, 2008 08:32AM
1
Dec 18, 2008 06:42PM
New Message
Please
login
to post a reply