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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by wordlesson Aug 20, 2012 7:04pm
264 Views
Post# 20239427

RE: RE: RE: RE: That's enough for me!

RE: RE: RE: RE: That's enough for me!

"With regards to capital structure, I believe that it it is in the best interest of any acquirer to be purchasing the convertible debt from the secondary market before making a bid. I would not be surprised if CPG has discretely already purchased some at significant discount to par."

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Would CPG not have to disclose any purchases given their 19.9% ownership of ARN?

They are currently price at $90-$91 ----- I use this site for convertible prices - https://www.financialpost.com/markets/data/bonds-debentures.html

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