RE: RE: RE: Pages Jaunes Groupe- IR here "Yes, we would love to hear what she has to say since she has not called back the rest of us. Especially if you got an answer regarding the suspension of the preferreds blocking the conversion of the preferred A's"
Yes, I asked this question because I own C's and D's. Her opinion is that the conversion imply the payment of arrears and since all preferred are on the same rank, it have to be paid at the same time (in shares or cash on the converted shares and in cash for the others). But she add that A's will not be necessarily converted in commons on the first opportunity and maybe not at all and that it is possible that a global deal will be propose later, before the end of the year. They don't seems to be minded to pay any dividend soon. I asked if the CCAA is one of the possibility. She seems to be a little upset by my question and repeated that no scenario is discarded but that the objective is to have the best deal for the shareholders AND the creditors.
Sorry I don't have more time for today, but I will try to post more during the week.