@Steini Can you spell out how this is $2.5m? My calculations...

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Bundy_Too

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22/05/25

11:22

Post #: 79146072
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Originally posted by Steini ↑

The CN conversion into shares has given W2V about $2.5m in cash but diluted the register.

BUT, the register now has changed dramatically. Bigger forces taken a big stake, reducing the impact of retail who are too impatient. Have gone through with some comps similar changes in the past and mostly worked out well despite the higher number of shares on issue.

What we need now is a cracker update with $$$$ anns or at least a real outlook for $$$$$ to come soonish.

The bigger forces spending a few bucks could be the reassurance for the reverse of the sp back to 1,2,3?c.

GLTA

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@Steini
Can you spell out how this is $2.5m?
My calculations have it at much less, going off announcement 13th January.

Voluntary conversion is the lower of 1.5c or 30% discount to 30 Day VWAP.
I don't know what that VWAP price is but would assume it is around half of 1c if that is the case 97m FPO's would be $500k = 10 Notes of the 26 issued.

More than happy to hear any other hypnotises.

W2V Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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Last 0.7¢		Change -0.001(12.5%)		Mkt cap ! $11.89M

Open	High	Low	Value	Volume
0.6¢	0.7¢	0.6¢	$802	125.9K

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No.	Vol.	Price($)
1	54033	0.7¢

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Price($)	Vol.	No.
0.8¢	2676872	6

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No.	Vol.	Price($)
1	54033	0.007
13	5093067	0.006
8	2639800	0.005
1	500000	0.004
2	5700000	0.003

Price($)	Vol.	No.
0.008	2676872	6
0.009	4050000	4
0.010	5927980	8
0.011	2351666	3
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