convertable note, page-4

  1. 322 Posts.
    lightbulb Created with Sketch. 93
    Looks to me like 2 x 5% payments per annum.

    Trades under the code KBLGA on the ASX.

    When you convert a convertible note, you get shares at the value of the face value. Therefore, don't convert it until it trades at a premium, and then I wouldn't be in a rush to convert as you have higher security than a share and a 'dividend' (coupon).
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.