OTCPK:JENGQ - Post by User
Post by
HermannHalleron Sep 14, 2020 10:00am
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Post# 31552096
JE stock vs converts
JE stock vs convertsAs of Thursday, all the converts will become shares. Based on where the stock is trading now, the JE.DB.C should be trading at $45. They are currently offered at $34.
I understand the converts would trade at a discount due to liquidity, but as of Thursday, they are all shares! Liquidity is no longer an issue.