Ann: New Funding Arrangements , page-2

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  1. 3,731 Posts.
    MAK is always in a winning position to make 100% profit although on paper.

    See, if the conversion rate is at 2.2c, the BCD share price is hanging around 4.4c;

    Now the conversion rate is at 1c, the BCD share price becomes 2c;

    No fair. What if MAK set the conversion rate at $1, BCD share price would be......

    Poor BCD shareholders, or unwise BCD directors, or am I dreaming?
 
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