LPD lepidico ltd
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Ann: Quarterly Activities and Cashflow Report, page-8

  1. Jasox
    2,016 Posts.
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    27/07/20
    09:39
    Post #: 46082612
    108 million shares or repayment at discretion of noteholder. No chance of conversion unless SP is above 3.7c, they will choose repayment if SP is lower as they lose out on $millions.

    108 million shares at current level (0.007) is $756,000

    Or they could call in the debt and get close to $5.5 million. What would you do?
    LPD Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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