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why??, page-15

  1. Timbo68
    332 Posts.
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    01/06/11
    12:33
    Post #: 8482157
    Also, if you were Merril Lynch and you wanted to convert your convertible notes into cash... You'd actually sell some of your existing shares before converting wouldn't you? That way you can offload them on-market before the announcement of the new issue, without too much of a drop in price...
    NDO Price at posting: 13.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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