AUL
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0.00% 28.5¢ austar gold limited

Ann: Appendix 3B, page-10

  1. vertigo
    11,416 Posts.
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    11/04/18
    10:33
    Post #: 32369788
    "Why not convert the full amount..."

    The price is determined by the VWAP, the only reason why you would convert the lot is if you thought the SP was going down. If you only convert what is needed the VWAP stays high reducing dilution.

    Not long until the company can be cash flow positive.
    AUL Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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