GREY:GABLF - Post by User
Post by
ciretaka198on May 16, 2021 2:25pm
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Post# 33211560
Convertable debenture
Convertable debentureWhat looks like hey the debenture buyers are betting that this stock is going to exceed .37 cents in two years. What is really happening is that they are basicly guaranting themselves 37 cents a share on the backs of current share holdersshare holders. The farther the convertable debenture is out of the money. The bigger ripp off it is.