ASN 0.00% 9.6¢ anson resources limited

Ann: Anson to Issue Convertible Notes, page-26

  1. 10,580 Posts.
    lightbulb Created with Sketch. 2094
    Is it not quite interesting that Chia only has until 31 of March 2020 to decide on if they want to take up tranche 2 at 5 cents and tranche 3 at 8 cents.
    And it was a offer to the company by Chia ,not something the company asked for ,the fact that this was offered to the company is quite significant in my opinion.
    Is Chia going to just pay as much as 8 cents for shares ,and is the share price going to go to 8 cents or more by the end of March 2020.
    One would think there is a feeling of strong confidence that ASN is going to announce some significant news by March.
    If I was a betting man ,I would say that ASN trading is going to become quite bullish over the coming months.
 
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