"The consensus opinion has seemed to be that there are likely players who've bought into the units at $4 who sold short with the plan of covering off their short positions with the share portion of their $4 units and then to ride the warrants....or maybe even dump the warrants if they're trading high enough to net out higher than $4 and make some bank."
Led in reference to the above, I have just been advised by BMO that the only way you can trade the Common Shares and the Common Share Warrant of the $4 PO you have to exercise the Common Share Warrant @ $4.60 first.
That is certainly different from was talked about on this Hub. So the unit is locked in until you decide to exercise it @ $4.60.
Koo