Post by
sens93 on Aug 08, 2014 10:03am
1.40
I personally think well see a pullback here at 1.40, i took some profits at 1.39 expecting to add back a little lower. I could be wrong , but the debentures come into play at this value. i know they arent cashsble until sept 2015, but could still add some pause.
Comment by
borne2run on Aug 08, 2014 10:41am
Re: debentures My understanding is that the debentures can be converted into shares by the holders at any time. However, the company can only redeem the debentures at face value after Sep 30, 2015 (and only if the share price is greater than $1.82, in which case the holders would be better off to convert).