BUR 0.00% 6.9¢ burley minerals ltd

bloody convertible notes

  1. 872 Posts.
    lightbulb Created with Sketch. 14
    Looking at the last 3B on 7 Dec,

    100K cnotes were converted into 657,895 shares at 15.2c each.

    Unfortunately we still have 1.95M cnotes still to go, which if they were converted at around 15c will give approx 13M more shares !! ;(

    I need to find the exact terms of these notes, when they can be converted.

    Surely there has been enough volume to be more then just these recently added 650K shares.

    I need to do more investigation, Mike Sandy hasn't returned my calls :(
 
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