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Gold/Mining/Energy : Harken Energy Corporation (HEC) -- Ignore unavailable to you. Want to Upgrade?


To: Don Crespino who wrote (4004)1/5/1999 1:07:00 PM
From: Craig Lawler  Read Replies (1) | Respond to of 5504
 
I forgot that the could only purchase the note back if the conversion price is under $4.90. I think we would have to bet that this will continue to get pushed back so long as the prospects are good. $4.90 seems low for my expectations.
Does anyone remember what the other notes contain as far as a limit to buying back with cash the note? It seems that in the long run they may all be converted to stock... but at least at a higher price.
TIA