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Re: Stockman1010101 post# 17295

Tuesday, 07/16/2019 5:09:20 PM

Tuesday, July 16, 2019 5:09:20 PM

Post# of 17746
As what former FMCC CEO said, conversion to common will bring trouble to RRR. And smart market are converting itself through open market.

Also if new JPS shares have higher dividends, existing preferred will always trading in a major discounted price to par even after RRR.