CBH coolabah metals limited

correct me if i'm wrong but..., page-4

  1. 71 Posts.
    ok redone the math considering Toho will get 90m shares thanks to their convertible bonds (1,800 shares x 50,000). However the fact that the other bond holders who get shares won't be able to sell them into the proportional offer at $0.25 to Toho means to get to 49.9% I still have Toho needing to buy 33.84% of our shares off us. So bascially no down side from these levels (if one assumes a post toho deal share price of $0.14) to wait to see if Nyrstar comes back or (god forbid) another predator comes along

    cheers

    J.
 
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