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SP .. if the short seller receives shares from conversion of say...

  1. chipperh0
    19 Posts.
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    28/01/09
    10:43
    Post #: 4733507
    SP .. if the short seller receives shares from conversion of say a convertible note then there is no need to buy the shares back. And if that con note has a conversion price that is floating then you would expect that the short seller will always be able to get enough shares from conversion to cover the short.
    ESI Price at posting: 1.6¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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