A conceptional overview in wich way the placement price could impact the longterm shareprice.
if something seems to be unclear or incorrect, please let me know.
convertible bonds in case of exercise would have naturally a negative impact on the potential SP.
hopefully to get along without that!
Base case @ 0,3aud where used to reflect the valuation of the project. Quite possible the market sees ATC rather at 0,15aud.
Time will tell...
cheers mates
chris
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