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Poptech

07/17/13 3:18 PM

#291794 RE: junior57 #291791

junior: Conversion rates also changes so much more capital realized from each share converted.
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RisknReturn

07/17/13 3:22 PM

#291797 RE: junior57 #291791

Junior, even the men on the Board of NEOM have been castrated so don't get your hopes up.

The conversion rate is now set at a discount to the lowest VWAP and that will continue post-split. That is why NEOM's financing is referred to as death spiral.