Home > Boards > US OTC > Delisted > Aventine Renewable Energy Holdings (fka AVRW)

Something from the Yahoo board:

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timhyma Member Level Grandfathered Member Friday, 04/16/10 10:36:29 AM
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Post # of 1746 
Something from the Yahoo board:
Dear IB Trader,

This account is presently holding a position in AVRNQ stock. This position is in the process of being converted into a warrant position at a conversion rate of .010353 for every one share of AVRNQ held. These warrants do not appear to be tradable but are exercisable at a price of 40.94. The underlying security for these warrants will be reflected as AVRW. This security is not actively traded at the moment and is reflecting a last trade price of approximately 40.50. This change will be effective this evening.

Although we do not expect any effective difference in excess liquidity in accounts holding the affected position, please monitor the account and manage any resulting market risk as is most appropriate.

Small Cap plays: #board-865
Big Board plays: #board-711
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