IMM 6.85% 39.0¢ immutep limited

the terms of the note are fantastic, page-36

  1. 880 Posts.
    yes - it is the lesser of these numbers, meaning that shares are issued either at 7.33 cents or at a lower number. ie. if prevailing price is 7 cents they will be issued at 6.3 cents.

    If the share price is 12 cents, they will be issued at 7.33 cents.
 
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