MAE 0.00% 0.0¢ marion energy limited

Ann: Appendix 3B , page-2

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  1. 2,923 Posts.
    lightbulb Created with Sketch. 123
    What the!
    Conversion price of 1.58c
    Who got the shares?
    The Bank, TTT or LaJolla.
    Thanks for the Disclosure Guys.... Not!

    I don't remember LaJolla or TTT getting such a favourable conversion price.

    Is this the Bank converting its $5M + Interest in shares???
    Has anyone ever seen the terms and conditions for the convertible note that the bank holds?
    Where is the disclodure?

    If this is a sign of things to come, existing shareholders are about to take one for the team yet again.



 
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