Let's review...
The holder wants to short Sirius. Really? I find this hard to believe -- because what's the potential gain? Shorting at $0.38 all the way to zero? The upside risk here, by far...
Type: Posts; User: homer985
Let's review...
The holder wants to short Sirius. Really? I find this hard to believe -- because what's the potential gain? Shorting at $0.38 all the way to zero? The upside risk here, by far...
They reduced their carrying debt by $30 million -- and the need to refinance this amount next year, that is the only good thing; however they did it at the expense of the shareholders footing the...
The 2.5% Notes had $300 million outstanding, now its down to $270 million. These Notes previously had a conversion price of $4.41/share -- Sirius exchanged them instead at $0.455/share.
It is...