Mon, Jan 26, 2015, 11:03 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Denbury Resources Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • soscorp soscorp Jun 5, 2003 9:30 AM Flag

    DNR note exchange why?? costs?? TIA

    I'm with milepost, I don't inderstand why DNR would replace notes with similiar notes unless originals were not registered. I don't see any savings to company, only expense of redemption and reissue

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Companies issue debt securities under Rule 144A because it's faster since they don't have to register the securities. 144A Notes are sold to investors with the promise to register them at a later date. This is merely the formality of exchanging the unregistered securities for ones that are registered and are now tradable in the bond market. It's a non-event.

      • 1 Reply to onginvestor
      • J,

        Not that DNR is an NG e & p, but note that the market today is holding its breath a bit before the NG injection announcement. Read the enclosed post from CRK board.

        "Thursday "Flush" may be starting
        by: the_sheep_guru 06/05/03 09:43 am
        Msg: 7803 of 7803

        Even though I suspected it was coming, it doesn't mean I like to watch it happen. But we are set up for a dip, as everyone anticipates the big injection number and:

        overall markets are extended

        lots of newbies (no insult intended) investing in the sector

        CRK's mention in IBD (according to someone a few days ago), which means CANSLIM stops are lined up for the taking like so many turkeys at a Turkey Shoot.

        A little fear has started to drip into the sector (which is NOT a bad thing, IMHO).


        Profanity filter is Off [ Turn On ]
        < Previous | Next > [ First | Last | Msg List ] Msg #: Reply Post"

        Regards,

        Peter

 
DNR
6.96+0.16(+2.35%)Jan 26 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.