It was not RIM that converted the notes on the 20th August.
Hence why they provided a SH notice on the 29th August that showed their holdings were diluted.
Usually when a holder gets diluted and they want to get back to their existing holdings they chase down a seller....not the other way round.
More than likely RIM purchased a few extra for a trade(that's what these fundies do) and wanted to re balance by the end of the 1/4.
I make it that they paid 11.35 cps for the block they bought so no doubt after selling a few at 12.5, 12, 11.5 and many at 11 they probably came out ahead.....enough at least to buy sushi, ladies of the night and alcohol for the end of 1/4 office party.
Someone else was hovering up the shares @ 11cps.......I think they will do rather well.
Ann: Change in substantial holding, page-7
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Last
73.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $139.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 845 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 1200 | 1 |
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| Last trade - 16.12pm 08/11/2024 (20 minute delay) ? |
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