Anyone have any idea if the convertible notes were actually issued or was there just a commitment from investors?
If they were issued, what was the issue date?
If they are converted to ordinary shares at 50% discount to CR price (as per the ann) does this imply that whoever does convert then becomes the majority SH of JKA?
$520k / $3200k MC = 16.25% (At current SP) × 50% discount they could become a holder with 32.5% stake??
is this correct? I'm corona'd out... beer not virus..
- Forums
- ASX - By Stock
- JKA
- Ann: Quarterly Activities & Cashflow Reports
Ann: Quarterly Activities & Cashflow Reports, page-44
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JKA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online