There's also the issue of Pope. Maybe Mgmt doesnt want the SP to go much above $14.3 (avg cashout price per share for Pope) before Dec 11, so Pope will decide to get cash back($25MM plus interest) instead of converting to shares (2.08MM shares at $12/sh). The shares would probably cost the company much more in the long run than the cash, don't you think? Just a speculative thought here.
Anyone?
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