I have 4000 PDN shares I held for over 2 years now which I am now sitting on a nice profit. I understand that some warrant providers offer to "cash back" on this shares and transfer them to warrants. In that case I would cash back some of the money I have on the 4000 PDN and get instead 4000 PDN warrants.
I am thinking to do that with PDNJMD. Does anyone know how it works? It sounds interesting to me as I understand that the money that I would cash from this transaction would not be taxed.
Can anyone explain their experience or what they think about this warrant cash back thing?