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TJG

Followers 603
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Alias Born 06/20/2007

TJG

Re: Xylan post# 17912

Tuesday, 10/25/2016 3:44:04 PM

Tuesday, October 25, 2016 3:44:04 PM

Post# of 38901
Nice figure whacking but I prefer to read the actual notes and see what the discounts are and what the set up is for conversion. Most have amount restrictions as well as day limits... For example nothing greater then 10 percent of the previous 5 days volume with a discount of 20% of the last closing Bid price over those 5 days. As well as an interest penalty if there is a lack of a predetermined conversion amount due to the restrictions.

I am not sure what your figures are but rarely do you simply divide dollars in to current price and see how many shares can be dropped off at VFIN Head Quarters.

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