I believe a max of 118,512,720 shares can be issued
Thats 118,513 shares per note (1000 notes in total, face value of $200K per note)
These guys are converting at 106,746 shares per note - i.e. pretty close to the cap
Im not sure what happens once max shares are issued, maybe the holders just get some cash back not sure. But evidently there is a stampede to convert to shares first
Obviously a good trade - 106K shares is worth close to 700K now, when the notes were purchased at 200K
I believe a max of 118,512,720 shares can be issuedThats 118,513...
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Last
$3.75 |
Change
-0.100(2.60%) |
Mkt cap ! $3.170B | |||
| Open | High | Low | Value | Volume |
| $3.82 | $3.87 | $3.73 | $9.209M | 2.446M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $3.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.76 | 7930 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| NHC (ASX) Chart |