RE:RE:RE:RE:RE:RE:CanaccordERTguy wrote: I’m fully aware of how convertible debentures work. Since the stock price is nowhere near the conversion price I’m not sure why it’s even being brought up yet. If this stock ever gets close to 24 then we can start talking about it. I just position on this stock prior to earnings since it almost always seems to react positively. A beat on EPS and revenue although modest should be well received by the market. That and the NCIB that was announced with it. I assume new contract announcements are soon since they are shortlists already for several. Cheers
The stock will not get near the conversion price since it gets shorted as soon as it approaches it. Now with the NCIB if they can offset the earnings dilution of the convertibles then maybe it approaches $22 and stays there. All depends how many shares are bought back, some NCIB actually don't buy an shares back.