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Alias Born | 05/11/2012 |
Tuesday, June 30, 2020 3:49:16 PM
I agree that we may not get in cash unless the CT's get just left alone after there is a reverse merger done and Lehman continues under a new name. This could be what is in the cards for the CT's as they can't be discharged.
If this occurs then we'll see the price climb back to market value of these shares that will be yielding approx 6% interest per year on a 25$ face value. At the current interest rates that the FED has put on, these will be like gold for some investors.At the same time would be a big interest cost for the newco and maybe they would offer a buy back to get some sort of cheaper financing.
The other solutions would be shares or other sort of offer .. At this point I'll just take anything worthwhile for my wait.
IMHO and all the best my friend.
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