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Re: AitrusSG post# 15806

Monday, 03/07/2011 11:42:00 AM

Monday, March 07, 2011 11:42:00 AM

Post# of 52575

Aitrius,

Can you help me understand the relevance of the "outstanding shares" figure to the issue of "convertables." I assume that there is some relevance based on you having mentioned the former in a discussion of the latter.

I have tried to figure out what "convertables" are and why they occupy so much of the discussion here, but I'm still quite confused.

As best I can understand it, they are a different kind of stock than what most all of us are holding, but I do not understand the relation, nor the grounds for thinking they will be "finished" soon, nor even what they're supposed to be "finished" doing.

Given all of that uncertainty, it's very hard to tell where the line between optimism and realism is on this issue.

I've gone the Wikipedia route already, but was not able to do much there besides deepen my confusion.

Any help would be appreciated.

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