Middle_Name-Danger t1_je5rvjs wrote on March 29, 2023 at 4:45 PM

Reply to comment by KostasKatsakos in Need to understand preferred shares liquidation preference by splixrtrade

FRC.PI is a better buy that FRC if you want to mitigate some of the risk of a distressed sale. Common shares may be made worthless if FRC is bought out, preferred shares have a priority claim on company equity.

KostasKatsakos t1_je5tqlq wrote on March 29, 2023 at 4:56 PM

Thanks