The $2.10 Conversion Price is all smoke n mirrors because ALL dividends paid between now & then come off the $2.10.
So, if NHC pays 10c per share div each year, then the Noteholders will convert into shares at $1.60 (yes $1.60) in 2026.
And they are getting 2.75% interest along the way.
I'd love to know who the Noteholders are !
No better investment on the market IMHO
Ann: Sale of New Hope Shares & Entry into Long Equity Derivative, page-15
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$4.89 |
Change
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Mkt cap ! $4.133B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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