GREY:ZARFF - Post by User
Comment by
Methodon Nov 21, 2018 3:28pm
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Post# 29006475
RE:RE:If debenture holders say NO and ZAR dies before Dec 2019
RE:RE:If debenture holders say NO and ZAR dies before Dec 2019I think everyone should agree if you own the common here, you should be selling them to buy the debs. You get a tax loss and you replace your shares at over a 30% discount and you can influence the debenture holder vote which if many think like rad will be a contentious vote.
Who knows how long a 6.5 cent bid will be available on the common vs the effective 4 cent price that most of the ZAR.DB.A volume has been today.