Safety Wombat is correct it is the 20 preceding trading days...

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The Prince

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04/09/17

08:19

Post #: 26967546
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Originally posted by Safety1st ↑

@wombat777 @Davisite @Larkin @Drillinto @ozemania @EQ-tea @gsmaree and whoever else may have some input.
After the meeting I have a better understanding of CN.
I am still trying to make sure that I have it pinned down and I'm not sure I am quite there yet. I am trying to better understand different scenarios of CN''s not only here with Mustang but also with future investments.
Experience is one of the keys to success.

This is presently the scenario I have ;
Tranche 1 had a VWAP of 0.048 cannot be converted until after September 21st. Then can either be held or sold.
Tranche 2 will have a VWAP based upon 20 days from the 1st to the 20th of September. They also can then be converted on or after September 21st and either held or sold.
Tranche 1 and 2 can only be converted on or after the 21 of September.
Then both Tranche 1 & 2 can then be sold or held, partially or as a whole.

Appreciate the feedback upfront.

Thanks again to all that took part at the meeting and especially those that went above and beyond with what seems to be a full debriefing.

All the above Imo.

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Safety
Wombat is correct it is the 20 preceding trading days that are used to create the VWAP so it will be the price from the 23rd August by my calculations
Wombat hope you had a good weekend camping - the weather was perfect for it

MUS Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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