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By: teecee in IDCC | Recommend this post (0)
Wed, 08 Feb 17 3:15 AM | 426 view(s)
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Msg. 48063 of 48237
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we are consistently closing above both the conversion price of the convertible....and hovering around the terminal price of the warrant convert hedge [approx. 90+]....if we trade much higher...THE SUPPLY OF SHARES WILL GET TIGHT [only 34 myn UNSPLIT SHARES].....the actual conversion wont occur until 2020...BUT BARCLYS NEED TO FULLY HEDGE OUT THE DELIVERY ON THE WARRANTS WAY BEFORE THEN GIVEN CURRENT PRICING Mr. Green Mr. Green Mr. Green




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