SVL 9.09% 12.0¢ silver mines limited

Ann: SVL Secures A$30.2 Million Convertible Debenture Funding, page-19

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  1. 312 Posts.
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    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 ?
 
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