Updated conversion price information.
You mentioned conversion price:
Looks as though the conversion price might be looking for a home again.
The conversion price increased to 5.44 using as of today's closing bid
of 5.1875. Here are the last ten day closing bids.
Note the steady increase in the conversion price, and the
corresponding decrease in the shares received upon conversion.
Date Closing Bid Conversion Price Shares if fully converted
8-Sep 5.6250 4.4240 1,066,000
9-Sep 5.3750 4.4240 1,066,000
10-Sep 5.2500 4.4556 1,058,500
13-Sep 5.7500 4.5503 1,036,400
14-Sep 6.0625 4.7028 1,002,800
15-Sep 5.9375 4.8817 966,100
16-Sep 5.5625 5.1026 924,200
17-Sep 5.5000 5.2604 896,500
20-Sep 5.4375 5.3867 875,500
21-Sep 5.1875 5.4393 867,000
The selling today was at a price lower than the current conversion price.
Paul |
