LFE.PR.A: Warrants Expire Out-of-the-Money

I haven’t seen a press release yet, but LFE.WT, which was issued in January, expired today way, way, way, WAY out of the money.

Exercise price for full units of Canadian Life Companies Split was 15.65, while the NAVPU on October 15 was 13.64.

LFE.PR.A was last mentioned on PrefBlog when the warrant offering was announced. LFE.PR.A is tracked by HIMIPref™, but is relegated to the Scraps index on credit concerns.

One Response to “LFE.PR.A: Warrants Expire Out-of-the-Money”

  1. […] was last mentioned on PrefBlog when their warrants expired out of the money in October 2010. LFE.PR.A is tracked by HIMIPref™ but is relegated to the Scraps index on […]

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