GREY:WFREF - Post by User
Comment by
MaxPowerJron Jan 09, 2014 3:27pm
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Post# 22075275
RE:RE:What is the appeal of the debentures?
RE:RE:What is the appeal of the debentures?Well, I am not saying that the future SP will be $7.40, but if one purchases these debentures, this is your hope. Today was a great day to take a position - not the debentures, but in the stock. This debenture offer make the SP drop, and coupled with the market sell-off, this was fortuitous. Current SP translates to a 7.75% dividend.