Am I getting it right: "The Note holder may convert all or part of any outstanding amount of the Loan Note" at (effectively) ANY time?
If so, granting such a privilege to an external party would indeed be to great disadvantage of the existing shareholders and, potentially, could result in an extremally unreasonable dilution. I suspect that almost ALL existing shareholders who have any belief in the future of this company would gladly accept such an option if/when offered. I know I would.
Yet the offer was made ONLY to the external player... Once again we are being taken for granted.
Am I getting it right: "The Note holder may convert all or part...
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0.3¢ |
Change
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Mkt cap ! $2.99M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $5.734K | 1.491M |
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| No. | Vol. | Price($) |
|---|---|---|
| 50 | 67252335 | 0.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12024801 | 14 |
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