Re: CASH
in response to
by
posted on
Oct 05, 2019 02:54PM
RVXOT - Thank you for your great work on the cash question.
VWAP - If you go to the stockhouse.com site it will give you a VWAP for RVX. To get the VWAP for RVXCF it doesn't automatically go right to the US data page. I had to play around with it a bit but when I saw the RVXCF symbol at the top of the page and clicked on that it took me to the RVXCF data page which has the VWAP for RVXCF.
Question, If there is a difference between the VWAP for RVX and RVXCF after accounting for the currency exchange, would any debenture conversion be done based on the VWAP on the TSX as that is the main exchange that Resverlogix is listed on? That is my assumption as it is the only exchange that we are actually listed on but not the only one we trade on at this time.
Comment, If Ori Star was to convert prior to 27 Jan 2020 that should be considered very bullish as Ori Star or its affiliates can not trade the converted shares prior to that date under the rules of the TSX.
tada