Aug. 15 at 6:46 PM
$RILYP Anyone try to work through scenarios with these? They've done debt swaps on bonds, these have less teeth to the company's survival but surely it's coming here too. what kind of impairment would they offer? survival seems >50% so the discount on these is astounding.
once survival is assured and they get current on the perpetual dividend it should be trading over
$20 within weeks. Based on the BoD seats clause, they've gotta get current in something like 6-9 months?
@CARTE_BLANCHE_DEVEREAUX -- short of options, i see the best asymmetrical bet on the preferreds. have you looked at all?
