Saw it - thanks. These are decent conversion terms for us shareholders - i've seen a lot worse - CKA's to mention one of them.
100% of the average of the 3 lowest 1-day volume weighted average price
of Shares as traded on ASX in the 20 trading days immediately prior to the
date of Atlas giving the conversion notice (Conversion Price). The
Conversion Price will be adjusted if the Company undertakes a
reorganisation of capital.
Ann: Notice of General Meeting/Proxy Form, page-6
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