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Post# of 432663
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teecee56

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teecee56

Re: Gamco post# 430802

Wednesday, 02/08/2023 8:28:22 AM

Wednesday, February 08, 2023 8:28:22 AM

Post# of 432663
glen...i wouldnt try to over analyze the whole thing...the company believes for one reason or another that the stock is undervalued....defeasing the convert with stock is an interesting concept....they would then be able to take money out of their collar hedges by selling them off...they have the flexibility to do whatever they want with the capital structure because of their financial strength ....im just going to enjoy the ride to its logical conclusion ...which in my mind has always been some type of take-out
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