AJQ 3.13% 3.1¢ armour energy limited

Ann: Convertible Noteholder Seeks Early Redemption, page-3

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  1. 1,261 Posts.
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    I would think that convertible note holders would hold while receiving interest until conversion at maturity. This would give them a cheap entry (as the company is building assets and increasing income)  although while watering the stock would serve to increase the value. Am I correct in my assumptions?
 
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