AVO avoca resources limited
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pala converts a$14.8m of convertible bonds, page-9

  1. angers
    3,559 Posts.
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    10/06/09
    17:35
    Post #: 5262893
    Hi Butcherboy

    I am trying to find the terms of Pala's convertible note.
    It may be that the conversion can only take place at set times and perhaps there is a formular such as the average price over 30 days that worked out at $1.74??
    Does anyone have details of the terms of conversion?

    Angers
    AVO Price at posting: $1.65 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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