GREY:CLRYF - Post by User
Comment by
railbirdon May 26, 2016 4:34pm
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Post# 24908053
RE:Debenture overhang
RE:Debenture overhanglscfa wrote: The debenture holders received shares effectively at $0.0923 per share ($1000 / 10,833) so they can sell them at any price above this to recapture their original principal investment. How much dumping will occur remains to be seen.
Do you have any idea how long it takes to receive the shares from the transfer agent in exchange for the debenture cancellation.