synaphai I have been attempting to calculate how many shares the warrants held by PFG will convert into. I am not the sharpest tool in the pack so would like someone else to do the exercise and see what they come up with. Based on a highest share price of $30 at conversion I come up with 7,721 shares. At $50 a share the number changes to 24,388. Below is a link to the ASX announcement which details the formula. Would anyone else like to have a go at it thanks. https://www.asx.com.au/asxpdf/20171026/pdf/43nllk4gvht9d5.pdf
AVR Price at posting:
$27.60 Sentiment: Buy Disclosure: Held
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