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Re: Crumbster post# 86433

Thursday, 04/19/2018 11:47:03 PM

Thursday, April 19, 2018 11:47:03 PM

Post# of 195016
From Wikipedia: “An important characteristic of this kind of convertible debt is that it often carries conditions like a quarterly or semiannual reset of the conversion price to keep the conversion price more or less close to the actual stock price. However, a lower conversion price also increases the number of shares that a bond holder gets in exchange for one bond, which increases the dilution of existing shareholders.”
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