OTCPK:APCFF - Post by User
Comment by
Art365on Apr 11, 2013 11:34pm
359 Views
Post# 21245006
RE: RE: Common vs Preferred
RE: RE: Common vs Preferred You missed the other important thing, in 2017 the preferred shares will be cashed in for the full $25 value. I picked up some more this morning.
Where did you get that info? I only found this:
https://irsolutions.snl.com/GenPage.aspx?IID=4098671&GKP=206949&print=1
The other question is: why was this share already trading at a deep discount even before the cut? It seems Atlantic has no obligation (and no reason) to redeem those shares.