TSX:IBG.DB.E - Post by User
Comment by
HamSandwichon May 06, 2016 12:00am
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Post# 24846869
RE:RE:RE:RE:nice lil breakout to 52wk highs on ibg....
RE:RE:RE:RE:nice lil breakout to 52wk highs on ibg....Calgaryrider wrote: Please qualify that statement....How are the debs the more compelling option? Qualitative or quantitative thoughts, please......I don't think I agree, but am willing to listen to the logic.
The upside of the debs has run out in my eyes.....there is no double from here. The commons, however,......
Do the math in a spreadsheet. The debentures convert to stock at $5.00 and they pay a 7% coupon.
Graph a range of stock prices and the associated return of the .DB and the stock. It's pretty easy to see after you do it.