Just remember this: Conversion means intention of takover.
Who would want to hit Centro with 8B shares dilution. Even if CNP is $2 that would drive it down to 10c like now!
If bank A wants to takover Centro she would rally SH support to vote yes with carrots.
Rufrano is setting this up for future takover.
My 2c.
Just remember this: Conversion means intention of takover.Who...
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