UNS 0.00% 0.5¢ unilife corporation

I dont understand why they would want to convert to common stock...

  1. 1,073 Posts.
    I dont understand why they would want to convert to common stock though if they thought the company was failing why would they lend then convert? I know it battered us but are they not getting battered as well?
 
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Currently unlisted public company.

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