NTI
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2.70% 7.6¢ neurotech international limited

I just worked it out. They are going to need the SP to be @ 21c...

  1. Tony barber
    6,392 Posts.
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    11/03/24
    18:09
    Post #: 72844871
    I just worked it out. They are going to need the SP to be @ 21c to convert those 25 million shares.
    So, convert 10 million @.06 = $600k
    sell 10 million @21c = $2.1 million
    Convert 25 million @.06 = $1.5 million.

    And thats break even. Gutsy.
    They must be thinking of converting all 25 million or it was pointless converting the 10 million now.
    NTI Price at posting: 9.6¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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