This is interestingBelow is a summary of recent trades in the IVN convertible debenture. Lots of volume over the last couple of days. Someone is building up a position.
The other thing to note is that although Robert talks about the low cost of borrowing regarding the debenture, he fails to mention that if you factor in the call option that is embedded in the bond. The cost of borrowing is much higher that 8% if you factor in the call option value.