TSX:DOM.UN - Post by User
Comment by
GoldenGunon Sep 24, 2013 10:19am
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Post# 21762762
RE:RE:RE:Preferreds Still not Settled
RE:RE:RE:Preferreds Still not Settled
It could be that the company doesn't have to act on these preferreds unless the courts force their hand. It sounds stupid but if there is no more lawsuit, the company could be waiting till the bonds/notes that mature in a few years before they do anything with the preferreds. In the meantime, I wonder if the preferreds still accrue interest. Can you still sell preferreds if you requested them to be retracted?