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0.00% 7.1¢ oakridge international limited

Not good that $10 million convertible bond which allows the...

  1. serena
    10,370 Posts.
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    16/11/16
    19:28
    Post #: 20670875
    Not good that $10 million convertible bond which allows the holder to convert it to shares at any time. A holder always intends to subscribe at a lower price. In addition, SPP at 0.033 with free option (2:1) will cause further dilution. Like or dislike, this will suppress the share price to go up.
    XPE Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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