Leo, so Yellow Media has the Common, various Preferreds and DBs(ylo.db.a)
The NCIB(non course issuer bid) covers the Common and Preferreds for Buybacks/Redemption.
What about the DBs?($200million at 6.25% convertible unsecured subordinated debentures) The one year range has been a high of $99 and low of $66. Is there any way to find out if YLO has bought back any of these and at what price to cancel that debt?
I think the analyst downgrade from $5 to $2 caught institutions off guard and it looks like some large institutions are liquidating. I'm looking for the volume to taper off and then I'm going to start buying.