TSXV:NYX.DB - Post by User
Comment by
AVandelayon Nov 08, 2017 2:06pm
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Post# 26927194
RE:RE:RE:Re:this is not bullshit
RE:RE:RE:Re:this is not bullshitThe preference shares WH would be converting are not debt and do not appear to have any dividend. The conversion of these share would not result in any new money to NYX and would not result in any reduction in NYX debt, on increase in cash flow. This would simply be a paper loss for WH, and one they appear willing to accept to protect their exclusivity rights.