SRQ
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0.00% 4.0¢ straits resources limited.

Andre is doing the right thing in light of the current difficult...

  1. Scythevex
    270 Posts.
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    03/08/15
    12:28
    Post #: 15740743
    Andre is doing the right thing in light of the current difficult market conditions, and I think it is the best deal that can be on the table. Looks like he is also cognisant of dilutionary impact of the convertible share scheme on shareholders (pg 5 paragraph 5), and negotiated for it to be redeemable in the future (this 4 years) so we may be less diluted.
    SRQ Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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