CEY 0.00% $6.16 centennial coal company limited

what happened today, page-2

  1. 10,161 Posts.
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    Hi Pandelis, It's unfortunate but I have a feeling that these convertibles are going to be a real drag. They are being converted and thrown into the market. If that is not the case then others perceive that that is what is happening and therefore sell anyway.
    Fundamentally not a problem with this one and I really like it. But this is the real downside of financing through convertible notes. Buy back would fix it
 
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