Go Easy debentures

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How will it affect share price if the debentures are converted into stock, or if they are not?

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Asked on July 4, 2020 7:19 pm
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Hi there,

At this point, it will do little to impact the stock as it is likely it was already priced into the stock. If all holders converted into shares, than the float would increase - however, this is already somewhat baked in to the stock. The 'price' movement usually occurs when the issuance is announced, not when redeemed.

I don't see it having any meaningful impact. For now, the economic rebound, or second shutdown is what will drive the company's stock price.

Mat

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Posted by Mathieu Litalien
Answered on July 5, 2020 6:43 am