Queen's Road Capital is well diversified with its portfolio, and its convertible bond financing model is unique. The good thing is that on the one hand it will receive interest and on the other hand it will benefit from the conversion of the convertible bond into shares and the subsequent sale at higher prices. Research firm Eight Capital initiated coverage on Queen's Road Capital with a buy recommendation and a price target of $1.50 CAD.
Queen´s Road Capital: A Unique Business Model with Convertible Bonds and a Diversified Portfolio
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