IDL 0.00% $1.27 industrea limited

Ann: Industrea buy-back of convertible bonds wort, page-4

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  1. 10,392 Posts.
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    re: Ann: Industrea buy-back of convertible bo... I agree. Is the source of this capping from the conversion of convertible notes ? I mean someone has to buy the stock to sell it ? At what point are there no more to be sold unless bough back from the market ? It will be at that point that the SP will move. The tedious selling of IDL shares is simply a liquidation of a very large holding but how large ?? I wonder if todays ann was also a broadside at the convertible notes holders saying stop this dumpoing or capping ! Whatever, it has not worked as it seems to just continue. Very tiresome
 
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