Kitov Pharmaceuticals Hldgs L Sponsored ADR (KTOV)

[Windsortrader519]

The initial offering had convertible warrents allocated within the purchase of the adr. So although the offering was 4.13, for that price you got an adr and a convertible warrents ( immediate convertibility). So since the initial pop the warrents have been getting converted or shorter have been naked selling then converting a warrents to cover. That should almost be done