Replies to post #51014 on Treaty Energy Corp. (fka TECO)

[againstallodds]

Cash-settlement ??

Could it be this :


The investor receives cash if the covered warrant can be exercised profitably at expiry. The gain achieved on the warrant is transferred to the holder without the holder having to enact a buy or sell trade.

http://www.londonstockexchange.com/global/glossary/c.htm