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0.00% 30.0¢ design milk co limited

a capital raising, page-8

  1. melua
    14,880 Posts.
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    21/12/10
    23:06
    Post #: 7644971
    The conversion price is 6.5c so Mr Lord is not going to accept shares at 6.5c when the stock is 0.007c. Only other option than cash is to renegotiate the conversion price. Perhaps 0.005c might get Mr Lord to agree?
    AHL Price at posting: 0.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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