AUZ 9.09% 1.0¢ australian mines limited

You are wrong. The dilution was 96,666,667 shares at a deemed...

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  1. 112 Posts.
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    You are wrong. The dilution was 96,666,667 shares at a deemed issue price of $0.03 (see the 3B of 23 Nov 2018), plus whatever further shares are issued when the balance of the note ($1.48mil) is converted. IMO look for a conversion in the short term, given how low the SP is......unless Bergen thinks it is going lower.
 
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