RE:RE:RE:RE:2 million volume at 9 c. Opa. This ship entered deep water Plunking down $180k is not an impulse buy. The buyer is looking for at least a double within a short time span. Will be interesting to watch the debentures; they have basically traded between $63 and $66 since the end of September, indicating little appetite for risky paper.
I see better risk versus reward in the debentures, although the upside (50%) is not nearly as high as with the common shares which could triple if a buyout deal is worked out.