That's not at all what I thought the original announcement meant. It did actually say the consideration was a commitment to trade exclusively via JB Trading House, but the mention of the $13.5mil value muddied the waters a little.
But while it sounds impressive, if they're going to include that $13.5mil value in BHD's NTA, isn't it really just another way to boost NTA numbers hugely under the assumption that the convertible note will be repaid in a concrete form ... and send some performance fees JBL's way in the interrim?
Ann: Clarification regarding proposed convertible note, page-9
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.555M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 23.0¢ | 23.0¢ | $267K | 1.136M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 440827 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 24000 | 1 |
View Market Depth
| Last trade - 16.12pm 09/08/2024 (20 minute delay) ? |
| BHD (ASX) Chart |
Day chart unavailable