MOZ 2.78% 7.0¢ mosaic brands limited

Ann: MOZ - Capital Raise Presentation, page-9

  1. 22 Posts.
    lightbulb Created with Sketch. 2
    Bit confusing.

    What is the best-case scenario here?

    Is there a scenario where our shares aren't diluted by 60 mil shares in 12 months? Like is the option for the note holder to convert the note into shares only if the loan isn't paid off.

    If not would there be any reason for shareholders to not convert the notes into shares in 12 months if they are higher than $0.51 a share? If they don't take that option do they then just get cashback $1 for $1.
 
watchlist Created with Sketch. Add MOZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.