I think that would be a big middle finger to "Hellenic Financial Stability Fund" which owns 53% of athens NBG.
However, I know that the preferred shareholders believe that a forced conversion of US based junior securities should be very difficult through the SEC, showing NYSE or US based holders a preference in upcoming dilution.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.