Preferreds continue on their Tear up.... Rocketinginterest rates must be the reason. So much for rates staying at "Effective Lower Bound" for the next "3 years and beyond". Preferreds probably going to be CVE most EXPENSIVE "DEBT".
Even at $25, company should have redeemed them. LOL.. So funny, you have commons wanting the company to Buyback common shares, yet they didn't support company redeeming Preferreds!!! What Hypocrites !!!! Company MUST pay Preferreds..... Commons, company doesn't need to pay anything. But Management isssued themselves Tons of Options and Rights as I understand, so higher share price would benifit them also, so maybe just maybe they may have some incentive to treat commons right.
All just my opinion/view/thinking/guessing.