convertable note, page-3

  1. 7,016 Posts.
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    whoooah marsup 2.5%?
    It is half yearly payments and they are 10% Notes, so if for example we receive the next payment for this leap year, at exactly six months since the last one in January, then we will get 183/366 X 10% which is the same as 5% of 38c which is 1.9c, except that I think they count one year as 365days despite this being a leap year so I may be slightly amiss lol.
 
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