i agree with you here, worst case if it is fixed then the banks believe that the shares will be worth the 13-14 plus appropraite risk rate at coversion hence their reasoning.
From my point of view my risk rate is higher than the banks because we are buying unsecured stock compared to their higher level.
Having said all i have overlast 2 weeks i wish holderrs well things definatly seem to be going well up over 20% today. Maybe i took too long and have missed the bottom but i am just not sure that i have a high enough risk tolerance for this one
CNP Price at posting:
9.2¢ Sentiment: None Disclosure: Not Held