The good news is that the ex bondholders (should they want to ) won't be doing that for another 3 months.
MBN therefore has 3 months to right the ship. If they do right the ship the ex bondholders will re-evaluate their position and may well choose to hold.
Further, the Cash Out process on Friday showed that about one and a half million shares were to be sold. However about 30 million shares were traded on Friday. So there are much bigger influences out there than this cash out process.
At nine cents, I am buying!
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