Yes, but I wonder to who, no substantial holder notices other than credit suisse (and they don't seem to be buying the conversions). Bondholders must have found buyers as it makes no sense to convert otherwise.
So someone's been buying an awful lot of shares. Whoever bought following those massive conversions at $1.75 must be sitting on a nice profit now
Ann: Partial Conversion of Bonds and Appendix 3B, page-7
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