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I think this is a kick in the guts if my understanding is...

  1. Cbrad
    881 Posts.
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    23/12/19
    08:59
    Post #: 42096892
    I think this is a kick in the guts if my understanding is correct...
    Conversion price at 50% discount to the CR price upon relisting plus 12%.
    So how many shares on issue will there be if and when these notes are converted?? 1.5-2Bn assuming a CR is done at 0.1c???

    Hope I'm WAY off the mark. Has anyone else had a think of the impact of this?

    Is my understanding correct? Happy to be corrected/ informed..
    JKA Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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