How does this work ?
"the Convertible Note will provide for the issue to MGPL of 850,000,000 notes, each convertible to one fully paid ordinary share in BCD"
BCD at last look had 421,698,439 shares on issue
"If the agreed restructured arrangements are fully implemented and MGPL converts all its notes into BCD shares then, depending on the extent of the Additional Loan Funds, Minemakers will hold in the order of 40 to 45% of the issued share capital of BCD."
Wouldnt that make a total share base of 850000000 + 421698439 = 1,271,698,439 of which is around 67% of issued capital not 40 - 45.
BCD
Smells like a dog, looks like a dog, probably a dog !!!!!
Why are we in here anyway.
bcd restructure
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AEV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.44M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $15.39K | 1.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3150738 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 607839 | 1 |
View Market Depth
| Last trade - 11.18am 13/09/2024 (20 minute delay) ? |
| AEV (ASX) Chart |