TSX:SOT.DB - Post by User
Comment by
Tree2treeon Dec 18, 2024 11:42am
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Post# 36368132
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Par for the course...
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Par for the course...HR my pockets are not as deep as yours, but I am still buying.
As you have pointed out, the vast majority of debenture holders are holding and not selling into the market. So if it comes to a vote of debenture holders, most of those voting will be investors who purchased at or near face value. Some who bought under $50 might be happy with whatever they can get above their purchase price, but they are a small minority.
At this point I still consider that no news is good news. We know they are working on a deal, and we know that GA has the funds to make a reasonable deal without trying to steal the assets. If nobody else is interested, then GA will be the new majority owner.