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hybrid debt/equity swap , page-79

  1. Coppertop137
    3,760 Posts.
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    09/11/08
    22:03
    Post #: 4481508
    TheApp,

    Colonial closing out its position in Centro could actually have been due to investor redemptions. It's possible. Even likely. Colonial have recently frozen redemptions on one of their mortgage funds. Bottom line is they as a Fund Manager have to open and close positions all the time as their investor redemptions/contributions dictate.

    We just don't know why Colonial closed out.

    CNP Price at posting: 7.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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