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It stated in one of the last Financial Reports, they were going to convert one of their debentures to shares and use it to pay of debt...
With this redemption I think we can expect the company to issue another $200-$400 in unsecured debentures which is consistant with mgm'ts...
If Td Securities reiterates that $16.50 is the target price, one could assume the will be buying in at these low prices. They have a lot...