TMZ 0.00% 0.5¢ thomson resources limited

Ann: Suspension from Official Quotation, page-8

  1. 447 Posts.
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    i should have added more on #3

    3) Proposed Issue of Convertible Debt SecuritiesDetails as per announcement

    Conversion period: cannot be converted prior to 1 June 2022

    Conversion price: at a price which is a twenty percent (20%) discount to the preceding 15-dayVWAP but not greater than 6.5 cents (A$0.065) per share.

    The way interpret this if we can get SP to around 8 cent 15 day average VWAP by June 1st the the raise is effectively at 6.5 cents?
 
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