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nobodysbusiness

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nobodysbusiness

Re: RichOperator post# 26425

Tuesday, 10/24/2017 10:35:06 AM

Tuesday, October 24, 2017 10:35:06 AM

Post# of 32075
The restructured Deerfield debt gives them a convertible with a conversion price of only $3.25.

Since conversion prices are usually at a premium rather than a discount, it looks like Deerfield didn't have much faith MNKD would ever trade over that price.

It also gave Deerfield a huge profit that they likely took by selling short against the convertible shares.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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