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2.40% 71.3¢ bathurst resources limited.

Convertible Notes, page-3

  1. Davidio
    17 Posts.
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    27/08/17
    08:48
    Post #: 26785413
    I repeat
    'Bathurst has a one off right to redeem the convertible notes in full once the sale agreement becomes unconditional.'
    Why wouldn't the directors do this? Noted redeemed at face value are worth a lot less than Notes converted to shares. Sounds like a conflict to me!
    BRL Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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