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Post# of 794679
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kthomp19

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kthomp19

Re: Brooge warrants cancelled post# 785195

Tuesday, 02/06/2024 11:18:24 AM

Tuesday, February 06, 2024 11:18:24 AM

Post# of 794679

but commons in a way better spot
correct?



The commons would be in a far better place if the seniors are written down compared to if the seniors are converted to commons. The former involves 79.9% dilution via the warrants, while the latter is likely to exceed the 92% stake Treasury took in AIG.

Got legal theories no plaintiff has tried? File your own lawsuit or shut up.

Posting about other posters is the last refuge of the incompetent.

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