GREY:BXEFF - Post by User
Post by
Compromiseon May 06, 2018 1:03am
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Post# 27988250
Good Signal
Good SignalIt would appear that this conversion of debt to common stock is a good sign for other shareholders. It tells me that someone is willing to give up an annual return of 8.5% for the uncertainty of common stock fluctuations. They must believe that there is a strong probability of common share aporeciation of much greater than 8.5%/a. If not, why take on the risk. I think I will buy some more shares and forget about them for a little while.