Mcap at 1.7c now around $10.5. With $10m on the con notes, is there a trigger mcap whereby the con notes need to be paid out? Surely there is a requirement to have a certain asset backing (assuming assets are ultimately represented by market capitilisation) against the con notes? With SP spiralling, these con notes just look more and more dangerous going forward.
Ann: Structural Interpretation Resolves Controls at Twin Hills, page-16
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
