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What happens if the price of the stock is much lower then the...

  1. 172 Posts.
    What happens if the price of the stock is much lower then the conversion price say 1c and a buy back of the stock does not cover the loan which is 1.5c per share for B's plus interest.
    so on 4 million shares, $60 000 + interest ........ at a SP of 1c the buy back of those shares = only $40,000
 
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