VEN 5.00% 1.0¢ vintage energy ltd

Very understandable - it's always a balance, as any equity...

  1. 6,534 Posts.
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    Very understandable - it's always a balance, as any equity component will be raised at a discount....so it's always a tossup of interest versus discount. The cap raising discount is often 2-3 years worth of interest. Debt also removes the possibility of a large entity holding sway, which has killed VEN of late.
 
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