GDO
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0.00% 30.0¢ gold one international limited

bond holders staying put, page-23

  1. trombone
    1,152 Posts.
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    15/11/10
    12:23
    Post #: 7475422
    Champ I'd imagine bondholders will convert before the sp 'exceeds 150% of conversion price'. If bondholders are sitting on 30-40% profit above the conversion price it would make sense to convert and ensure GDO does not get the opportunity to redeem the notes before conversion!!
    GDO Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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