RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Debentures or commons.... It is definitely complicated and the press release wasn't clear. There should be documents filed before its effective on SEDAR.
The accretion amounts is compounded annually so calculate 36.5 * (1.1106^3) - 36.5 and you get the $13.5 accreted convert.
johnale wrote:
Ya I get more like 12mil as well.
but essentially - doing some more math -
at 31 for the debs:
On 36.5% of any debs investment you will get:
25.8% cash return/yr
35.7% deb return/yr
61.5% return total/yr
on 63.5%
get fire shares with a face value of 17.6 cents
sheeeeeeeeeeeeeeeeeeshhhhhhhhhhhhhhhhh
can I buy some more!?