GREY:ARGEF - Post by User
Comment by
Astrosmithon May 24, 2017 11:25am
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Post# 26277466
RE:RE:RE:Not much interest today
RE:RE:RE:Not much interest today Harldy a sell off. Just a ferw people hedging their bets.
I personally was never excited by Ross on the management team, so I welcome our interim CFO with open arms.
On the contrary for the DB's - It is a great thing. This means we will not have to continue to pay interest on them and this will save us from dilution. Not to mention it will save us from DB holders manipulating the stock price to protect their interest payments.
It is also bullish that over 50% of the DB were converted voluntarily. That indicates people want the common shares and are willing to give up interest payments (effective dividends) to get them.
Of course big news for operations and financing are what we really need, this strengthening of the board doesn't hurt one bit.