GREY:LBEFF - Post by User
Post by
rckolonon Oct 18, 2010 11:23pm
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Post# 17580175
No One Has Considered This
No One Has Considered ThisWhat if Jilin Jien decides not to exercise their option to convert the debt into more shares? Investors may suddenly revalue the stock higher, because that would indicate that JJ thinks the prospects of Liberty look good enough to eventually repay all the debt, even if they don't meet the deadline. Dilution would just decrease the value of the shares. Abstaining from dilution may make the whole capitalization worth much more.