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I understand that currently if there is a TO with 50% acceptance...

  1. billc3012
    1,603 Posts.
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    24/08/16
    11:16
    Post #: 18637539
    I understand that currently if there is a TO with 50% acceptance or one recommended by the board, then they automatically convert to 1 share; the risk means that price is low as they could be worth a cent in the dollar.

    DYOR
    KBL Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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