With the convertible note they can always get shares issued under market price, no matter what the market price is. Thats the terms of this deal. Which is why they were issued the shares at 4 cents when the week prior average price was 4.4, a 10 % discount.
Doesnt make sense that they are hedging, they always getting the shares at a discount to whatever the price is, they are already hedged from any risk.
AGH Price at posting:
4.3¢ Sentiment: Hold Disclosure: Not Held
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