Way i read it is that is only if they convert before maturity. If held to maturity its either a 10% discoint to VWAP, cash back or both. Thats a lot more dilution if share price down. Am i wrong ?
Ann: SVL Secures A$30.2 Million Convertible Debenture Funding, page-19
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $233.7M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 15.5¢ | $541.1K | 3.360M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 2132157 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1030044 | 14 |
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| SVL (ASX) Chart |