Loading ...Silvercorp: $130 million Convertible Senior notes to advance their recent addition
SVM is taking a big hit of 20% this morning with this news.
Is this a short-term blip or a bad sign of things to come?
Any thoughts? I picked up a few more shares near the present bottom.
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https://www.tradingview.com/x/xaTNdaN0/
Convertibles seem a terrible, anti-shareholder way of raising cash. The holders of the convertibles short the stock.
Thanks, I never thought about that.