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clock Created with Sketch. 26/01/23
14:33
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Originally posted by zilliqua:
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Sadly it just never gets better with the board and directed by PP approving a loan and the terms of conversion on a specific dates last sale price. Usually its VWAP over the preceeding 5,10,15, 30 days but not this time. Yes, its obvious manipulation, but the board approved the loan and conversion terms and the date of last sale price on 1 only share trade at 0.015c (33% down on last price.
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I must be the only one who has read this differently, the conversion price is the closing price on the drawdown date which I don’t think had happened yet had it ?
(20min delay)