Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
dumb question:

When a company issues a convertible bond, is the effect of that conversion reflected in the diluted share count if the strike price for that covert is above the current price?

So, for example, stock BCOR has a 4.25% covert at about $22. Current price is $18. Does the latest share count include these converts yet? What about if the price goes into $21? I'm assuming it is fully included at $23, right? Even if the convert is still outstanding?

any help greatly appreciated
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement