Comment by
puppymonkeybaby on Sep 25, 2020 11:09am
Lets use round numbers. Whats $100,000 at $58/debenture pay per year in interest? I'm confused about the how the debentures compare to the accretion debs.
Comment by
puppymonkeybaby on Sep 25, 2020 11:59am
Thanks Method. could you now explain the accretion debs and how they work? I like how you show your math. It makes it easier to understand, since my intellect is comparible to a baboon.
Comment by
Method on Sep 25, 2020 2:50pm
right now it costs 15.1 cents to buy the common through the debentures. It's better to buy the debentures than pay the 15.5 cent ask. You can even ask to convert them to stock and you will be better off. Retail too busy buying the common to notice the deal on converts but that is not new.