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Anyone here decent with TSX rules who has seen something like...

  1. 78 Posts.
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    Anyone here decent with TSX rules who has seen something like this situation before and knows what will likely happen with the 5% option? As I understand it we can't convert with triggering a takeover bid. Are there ways to circumvent/reject this while still picking up the 5%? Is selling the options to a 3rd party possible/realistic? Or would we need to sell down our 20% on the market and then convert the 5% after that?
 
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(20min delay)
Last
13.0¢
Change
0.000(0.00%)
Mkt cap ! $31.70M
Open High Low Value Volume
13.0¢ 14.0¢ 13.0¢ $134.3K 1.005M

Buyers (Bids)

No. Vol. Price($)
7 213038 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 169541 5
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
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