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Ann: WOW: Conversion of Bonds in Marley Spoon, page-2

  1. Delphi
    182 Posts.
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    31/07/20
    09:00
    Post #: 46203825
    According to the ASX release dated 26 Sep 19 "Woolworths may convert the Woolworths Group Convertible Bond to shares / CDIs under specific circumstances after two years from the issue date until the maturity of the Woolworths Group Convertible Bond.

    It hasn't even been 1 year yet, what's going on? Also, if they are converting tranche 1 of $2.95m then they can expected to convert tranche 2 of $23m as well?
    MMM Price at posting: $3.45 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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