DRA 6.75% $1.87 dra global limited

buys convertible notes, page-5

  1. 7,357 Posts.
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    hi douggy, yes michael naylor gave me the same answer last week but the numbers just dont add up and when i pressed the issue i could still not get a satisfactory answer. even taking the interest payments into consideration it is only taking 6 shares out of the dilution equation. for the same money we can buy back a lot more stock, more than enough to compensate for interest. i just cant seem to get an answer. i would welcome someone to make me look a fool for this opinion
 
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