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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

Metals & Mining Gold


TSX:LSG.DB - Post by User

LAKE SHORE GOLD CORP 6.25 PCT DEBS > debentures
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Comment by helgekon Jun 18, 2015 10:48pm
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Post# 23847139

RE:RE:RE:debentures

RE:RE:RE:debenturesI am not sure how the mechanics of a conversion or redemption will work. Let us consider an example: X offers $2 for the common shares. The next days, the SP will be close to $2, but the company can only redeem at 100 after 30 days, but holders can demand conversion to common shares immediately at 140.
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