American Airlines Group Inc (AAL)

[oldnick]

Junkmanlong1

When I added the #s together from your prior cap posting it came to $33.708 ( so either the 33.808 is a typo or one of your prior #s was wrong?)

My asssessment reqarding of the postings is that the cap applies to 96.5% of the 5 day VWAP and if the cap applies it gives the preferred stockholders MORE AAL stock - so if the 5 day VWAP is above $33.708 (or .808) divided by .965 ( making the VWAP ~$34.93 or $35.03 ) then the COMMON AAMRQ stockholders will see their AAL distribution reduced

Do you read the documents differently?