InvestorsHub Logo
Followers 28
Posts 4378
Boards Moderated 1
Alias Born 09/22/2006

Re: Howeeme post# 6334

Wednesday, 02/24/2021 6:18:46 AM

Wednesday, February 24, 2021 6:18:46 AM

Post# of 8735
The convertible is offered to help pay off a prior obligation presumably at a more favorable rate; otherwise it wouldn't make any sense (at least to me) to offer a convertible debenture while at the same time engaging in share buybacks. Of course, the headline in the news services doesn't reference that and so it scares people off. And you are right about the greater market conditions. The biotech selloff yesterday was fierce for reasons I don't understand.
-Fritz

The more you know, the less you don't know.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent HALO News