But $955 is less than the $1000 a bond holder has outlayed. Its a convertible bond right? You don't get the principle AND an option for a share. Thats what they were saying in the new facility ann, that if bondholders convert they will have more cash as wont have to pay back face value. 13.3m bond options outstanding as of this ann, so that implies $26.6m in face value outstanding am I right?
MNY Price at posting:
$1.91 Sentiment: Buy Disclosure: Held