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goosechuncks

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goosechuncks

Re: irishintelligence post# 9481

Tuesday, 06/12/2018 2:16:08 PM

Tuesday, June 12, 2018 2:16:08 PM

Post# of 11618
The correct way to read that "not interested in the common" is that the bondholders themselves are not interested in holding the common for their portfolios. That doesn't mean it has no value as a carrot for management at $4.50. They just aren't likely to want to own it themselves. Big difference.
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