re: Ann: Appendix 3B Partial Conversion of Co... maybe someone should keep an eye on this mob.Apart from today there have only been 2 days when tnr traded below 2cents(1c),and only 1 day when it closed at 1c.On those 2 days a total of 837k shares were trade at 1c.Its possible that the figures stack up for the weighted average for those couple of days being 2 of the lowest trading days,its still looks tricky to me.At an average sale of 2c with a 15% discount,they should be getting the shares for around 1.7c.It seems like a big drop for a couple of sales to the value of less than $1000.
Maybe one should buy a few extra on the odd days when they trade at 1c .....possibly pushing the sp to 3 to bump up the average.
Ann: Appendix 3B Partial Conversion of Convertibl, page-4
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