ALC
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7.46% 7.2¢ alcidion group limited

Ann: Change in substantial holding, page-8

  1. Brett M H
    1,609 Posts.
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    21/12/21
    18:22
    Post #: 58444799
    G'day ALC holders!!

    So Australian Super just purchased another 58,500,000 x ALC shares - which is clearly great news

    However, can anyone explain to me why page 3 of this announcement shows that 56,000,000 of them were for a price of $0 (and the description is "CONVER")?

    The announcement reads:

    Security Name Security Code Trade Description Trade Date Settlement Date Units Price

    ALCIDION GROUP LTD C BYWMP73 CONVER 15/12/2021 15/12/2021 56000000 0

    ALCIDION GROUP LTD C BYWMP73 OS-PUR 24/11/2021 26/11/2021 2500000 0.32

    Thanks in advance!!
    ALC Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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