RedHawk Holdings Corp (fka SNDD)

[Divest]

Taking that thought further if someone had two accounts they could log into both accounts and dump an AON trade below the bid, and then buy an AON trade beneath the bid, if one's intent was to buy lots of shares at a lower price. If one were then to create multiple large buy orders beneath the bid some traders might be willing to take a small haircut and dump into a rapidly collapsing bid.

There would no logical reason for a note converter to jump over large higher bids, just to lose more of their dilution shares at a lower price. A noteholder would simply sell all of the way down, not use strategy to get less money.