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Ann: Finalisation of Convertible Note-PEH.AX, page-7

  1. bernsta
    4,386 Posts.
    lightbulb Created with Sketch. 1348
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    10/10/16
    16:02
    Post #: 19750538
    Clever if you ask me @plough

    Rather be paid in shares under 10 cents then the cash.

    Shares won't be this price too much longer.

    MD wins and gets his money back.

    Company wins, no overhang from the note.

    Shareholders win as no more announcements due about that pesky note.

    Very small dilution etc.

    Just my thoughts of course...

    Cheers.
    EVS Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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