It’s a good question @DiiDJJ, let me try and explain in a way I understand it and feel free to help anyone. PV1 can draw down on funds and Macq will be issued shares at the strike price of that current SP. I’d give an example but I’m currently out and HC has a glitch where it times out randomly and doing this on my mobile is just annoying as hell. So I take this as they are SH in PV1, what I need to understand a little better, if they were to sell those shares are they subject to SP at that time, or can they dump them at whatever price they like as long as it’s not less than 0.022c or something like that.
My point remains, Macq don’t do this with just anyone, they need to ensure the business is A1+ (laymen’s term) and that they will benefit greatly.
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