RE:BBD.PR.CYou're no dummy. I'm not too familiar with them either. Sorry Book, I would be pleased to help, but I don't buy prefs. I only purchase commons. There are a lot people who prefer the safer interest paying prefs here. So hopefully one of them can help you. In the meantime why don't you try to google them up yourself, on the net.
Bookends wrote: Hello,
Can anyone break down to a dummy like me the terms of conversion from Pr.C shares to the common B shares that Bombardier has rights on?
Say they would convert the pref to common tonight, at a market price of BBD.B of 1$ CAD, what would holders of Pr.C shares receive?
Thanks, appreciate if anyone could educate me.