A little off topic: I noted that someone said the Sp needs to be closer to 3 cents for people to wish to convert them. Im not sure why that is the case, as AS long as they are over 2 cents why wouldnt you convert? For example if my average in the oppies is 0.009. So yes the SP need to be 0.029 cents for me to break even...but that is not required for me to convert my shares....If SP is 0.024 instead of losing .009 by letting ,my oppies expire unconverted, I could convert and then sell my shares for .024 straight away and therefore reduce my loss from .009 per oppie to .005 .
Please correct me , If im wrong. But thats how I see it.
GLTAH
CL8 Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
