Suncoke Energy Partners fka SXCP

[minkman63]

I am referring to this from the last PR.

"SunCoke Energy Partners, L.P. (NYSE: SXCP) announces that its outstanding 7.375 percent Senior Notes due 2020 (the "2020 Notes") are freely tradable without restrictions by non-affiliates of SXCP. The 2020 Notes were issued in non-registered private offerings in January 2013, May 2014 and January 2015, and were subject to restrictions on transfer under the indenture governing the 2020 Notes (the "Restricted Notes").Currently, there is more than $130 million outstanding under the Unrestricted Notes CUSIP."

The way this is worded, I'm not sure if all 130 million just became unrestricted or just the one held by "non-affiliates of SXCP". But if we assume that's the case it is about 12M shares. Other unknowns are how many will be sold, I'm sure many are being sold into the bid and that is holding us down. Many may be held for greener pastures, who knows. 10 day ave volume is only 116k shares so again who knows.

Let me point out that I am a relatively "newbe" investor so if I'm missing something, someone please correct me.