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h_man_investor

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h_man_investor

Re: Enterprising Investor post# 1611

Tuesday, 08/24/2010 6:40:09 PM

Tuesday, August 24, 2010 6:40:09 PM

Post# of 1731
The question I will ask once again- why would CC and MM convert to stock in 6 years and become junior to the preferreds and diluted by the other common shareholder?

Their position would go from being worth $737mm (at book value) to $346.5mm($2.31BV x 150mm shares)?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49882319
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