Rory...I had done this way in the past...but I believe that the oly way to determine whether the convertibles are done is to know how much in $ value is still outstanding...I am not sure a split has anything to do with that...if say a 100,000$ was outstanding at the last split, then you add up the $ value of all the shares doled out to meet the convertible debentures and subtract that from 100k to figure out the $ value of the TCs that are yet to be converted...someone should determine from Ben as to how much is still left in $ to be met in toxic converts...
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.