'to the lesser of CAD$2.54 per share and the 5-day volume weighted average trading price of the common shares on the date of conversion"

thinking they can act anytime now with a 5 day average price- pull the trigger. this would be news if they convereted i take it? If yes maybe hear something this week? What a great buy , WOW!

Not sure what the 5 day average is but their almoist forced to act if they indeed they can  convert at this time?

glta