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Ann: Voluntary Suspension Extension Request, page-21

  1. 1,667 Posts.
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    Going to be interesting re the options. I think the most likely scenario is that they expire while in suspension, but I hope they extend or issue another to holders at a nominal fee, as I hold a bunch.

    I'm not convinced that we will be out of suspension on the 21st, but if we are, that would leave two days for purchasers to buy and convert.
    Normally funds would need to be received by the last day, but I imagine allowances would be made for a big holder.

    You do give me pause for thought though Bratty. A big motivated party would gobble them up despite them being way OTM, to build a stake that they would have no way of getting on market without sending the SP to 10c.
    I'm less likely to convert with the heads below 4c... Very interesting stuff.
 
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