TSX:IBG.DB.E - Post by User
Comment by
patenrighton Jan 28, 2014 1:54pm
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Post# 22143293
RE:IBG.DB debentures not moving with stock price
RE:IBG.DB debentures not moving with stock price
there is no ruke saying the bonds have to move with the stock - cmon man. could very well be the recap plan has the bonds getting 60-70% recovery and why a 50 (cents just for harry lol) is appropriate. stock would be up as not only bankruptcy risk much lower, but company will pay less interest and thus more cashflow for the shareholders