RE:RE:RE:Easy 20%+ yearly return on the debenturesCapharnaum wrote: Around $90-91 for debentures, still 20% return (yearly basis) to hold 6 months. Pretty safe return, imo.
Where do you think they'll get the $45 million? Will they raise the money with an equity offering or some combo of asset sale along with shares issued via PP?
I'm looking at another debenture that just came out paying 8%. Of course, 20% returns sounds better, just trying to figure out the risks. What scenario could take place if they don't have funds to pay in January?