SDL sundance resources limited

Ann: Appendix 3B - Convertible Note, page-5

  1. 10,370 Posts.
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    I really admire you that you blindly follow "someone". Malmanu's figure includes the following options with strike price of 0.0695 (which is 11 times higher than current share price of 0.006).

    Extract from Malmanu's post

    quoted here:

    UNLISTED OPTIONS

    260,000,000 Investor Consortium Options exercisable at $0.0695 per option
    200,000,000 Noble Options exercisable at $0.0695 per option
    260,000,000 Wafin Options exercisable at $0.0695 per option

    PERFORMANCE RIGHTS
    3,956,839 2014 LTI

    CONVERTIBLE NOTES

    Hanlong 167,500 $2.5 million 5 day VWAP average preceding conversion
    Noble 200,000 $100 notes convert at 3.0c to 666,666,667 shares
    Investor Consortium 240,000 $100 notes convert at 3.0c to 800,000,000 shares
    Wafin 400,000 $100 notes convert at 3.0c to 1,333,333,333 shares
    2015 Investor Group 70,000 $100 notes convert at 1.0c to 700,000,000 shares
    2016 Investor Group 13,000 $100 notes convert at 0.35c to 371,000,000 shares
 
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