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Share
04/03/16
13:20
Share
Gee you have me scratching my nut (head) lol.
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11) |
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Percent of class represented by amount in Item 9 12.6% (1)
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It talks of 12.6% of a certain class of stock. That is 12.6% of common stock.
It does not note these as another class of stock - as in the ASX 3B on the 23/01/16.
If they were to be converted in the future - how many shares would they know to issue now.
20 day average of $2 x 90% into $30m = 16.6m shares.
JMO but I think they have been converted.
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