I live in UK and own a small no. of Spartan Delta.
My broker gave me one working day + weekend, to exercise the Logan warrants (through their custodian). I.E. I lost the ability to exercise them a week before the stated expiry 31July. Makes you think?
I wonder if there is anyone else from the UK reading this, as I feel I'm being fleeced on brokerage charges - particularly currency commission at 1.5%. (I'm with an execution only broker - Interactive Investor - who used to be TD Waterhouse in the UK).
US persons had their own issues with these. Apparently exercisable by only those who meet the SEC's definition of "accredited investor" as they're regarded as a private placement.
I live in UK and own a small no. of Spartan Delta.
My broker gave me one working day + weekend, to exercise the Logan warrants (through their custodian). I.E. I lost the ability to exercise them a week before the stated expiry 31July. Makes you think?
I wonder if there is anyone else from the UK reading this, as I feel I'm being fleeced on brokerage charges - particularly currency commission at 1.5%. (I'm with an execution only broker - Interactive Investor - who used to be TD Waterhouse in the UK).
They definitely didn't give enough time to exercise the warrants. The extra couple of weeks should help. I'm not sure why it was such a short window.
they extended to Aug 15
US persons had their own issues with these. Apparently exercisable by only those who meet the SEC's definition of "accredited investor" as they're regarded as a private placement.