Ann: Application for quotation of securities - AQD, page-6

  1. 1,031 Posts.
    lightbulb Created with Sketch. 104
    Hi dc,
    It may well be a culmination of multiple holders converting, as opposed to just one holder converting?
    ie. as the options in question are unlisted, holders apply and pay the company (AQD). It is my understanding that the company can collect more than one 'conversion' before it advises the registry.

    This may or may not be the case here, but either way, it's money in the jam jar!
 
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