2.5% couponIf there is a loop hole in the debenture permitting some or all of the debenture to be converted at $9.31 CAD, notwithstanding IVN's claims of control of the conversion rights option lock stock and barrel, why don't the relevant parties buying the debenture use their money instead to buy cheaper $7 shares now. Unlimited supply it would seem is available. The share price upside that is going to materialize well before 2025/26 will blow the 2.5% coupon out to sea. In the meantime your capital is not tied up and illiquid for years.