Eratat Lifestyle
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11 years 6 months ago #13884
by gangho
With huge cash position and depressed share price, Eratat is in good position to negotiate for low bond's interest rate and higher conversion price.
It is a good move in the right direction! Mr. Market should respond to it favorably.
Apple is doing the same thing for the first time too!
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11 years 6 months ago #13887
by yeng
The business looks strong but Eratat could have done much better if it had stated, in one way or another, the purpose for intending to issue bonds. Just a vague description will suffice instead of a total blank. I think some investors hate the uncertainty created by this. I think the stock could see some weakness tomorrow.
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11 years 6 months ago #13888
by Bestworld
Not possible to tell all..... Business secret. Investors hate uncertainty but they definitely love the additional 250m!!
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