mate you have been a member of hotcopper since 2007 and you have...

mate you have been a member of hotcopper since 2007 and you have only worked this out now?

As soon as a convertable note is even discussed time to give up on the stock. no chance for ordinary holders. The interest usually at 10% or higher and drains the remaining cash. if they had enough cash to pay the interest they wouldnt take out the loan.

same goes for death spital financing where shares are issued at a 20% discount then sold into the market immediatly