NOR 0.00% 3.5¢ norwood systems limited

Ann: Becoming a substantial holder, page-175

  1. 7,323 Posts.
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    Imo, this does not make sense.

    Why would someone convert oppies when the SP well below exercise price? Why tie up capital?

    The sell queue is not static, so adding it up at any given point in time is just that: giving a total at that particular point in time.
 
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