BCN 4.17% 2.5¢ beacon minerals limited

please correct me if wrongi bought BCNOB at 1.2cexercise before...

  1. 30 Posts.
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    please correct me if wrong

    i bought BCNOB at 1.2c
    exercise before 15th march and pay BCN
    i get share at cost of 2.5c per share.

    therefore i get shares at 1.2c + 2.5c = 3.7c ?
    current share price 4.0c
    difference is 0.3c
    so 0.3c/4c = 7.5% discount ?
 
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