Quackie
I hold both shares and hybrids
If the share price keeps falling and the hybrids strengthen I cant see them offering Hybrid holders shares
At 5c i think we are seeing tax selling
With he hybrids last $8 they now need to offer at least 200 shares for every hybrid for partial take up , where as 3 months ago the differential was 100 -125 which I supported .
As a shareholder and Hybrid holder i think they need to give hybrid holders at least an option to convert even if it is conspired a low ball offer by some
At 200 for 1 i would definitely take it up, at 125 maybe maybe not
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