Quite right - that is what the initial 101 page document says.
However the document "Rolling Convertible Bonds Further Explanation" (3 pages) a few days later says:
"If the Company’s market share price trades below 15 cents the facility will be terminated."
I guess the initial explanatory document is probably more reliable, but there is still some ambiguity.
Not much cheer today, but cheers anyway.
Mark.
