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Msg  795453 of 795554  at  8/12/2022 6:15:03 PM  by

valuationguy


 In response to msg 795447 by  sotb
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Re: Note repurchase

This essentially means that Rambus stock is very likely to appreciate up to approximately Aug25th (as holders of the Notes...or their bank partners/proxies...trying to maximize their payouts) followed by a quick drop after the 25th back to current levels (or levels inline with however the general market trades in the same period).
 
Given the extremely low coupon of the notes...there is little financial incentive for the Company to eliminate 80% of the convertible notes outstanding...UNLESS they were confident that the stock price is going much higher before next year.   
 
VG 


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Replies
Msg # Subject Author Recs Date Posted
795454 Valuationguy.Re: Note repurchase nxt999nxt 0 8/13/2022 10:20:13 PM




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