AJQ 0.00% 10.0¢ armour energy limited

Ann: Proposed Changes to Secured Amortising Notes, page-5

  1. 1,002 Posts.
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    tacking on the desire to borrow another 10m shows where the cash balance is at.

    I can already guess the terms. Bizzell will take them up and they will convert to ordinary shares at a 20% discount just when the share price next starts to rise.
 
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