It's still adding 2% of the register, at a big discount to close, and a huge discount to last raise when good news is supposedly imminent. Wouldn't have thought a convertible would be hard to pitch here, pay a decent but not outrageous coupon with the right to convert if the share price rises on approval.
Instead a sweetheart deal to the nearest and dearest. I would love to know who participated...
Ann: Placement to Sophisticated investors, page-10
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40.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.40M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.5¢ | 40.0¢ | $9.196K | 22.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1305 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 3491 | 2 |
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