RE:RE:Strange Trading In September yes, but during December, not really (the market downturn did not help, that's for sure)! I'm not too sure how these debenture accelerations work, if anyone could correct me, please do:
They closed 32 980 debentures at 1000$ each for a total of 32 980 000$ last summer.
With 1000$/6.25$ = 160 shares per debenture, are we looking at an influx of 32 980 * 160 = 5 276 800 new common shares?
Thanks!
Tradertimestwo wrote: Doesnt always work that way. Last time they accelerated warrants i believe the stock went significantly higher. I would rather they get it over with.