APG
Click for more information
0.00% 0.2¢ austpac resources nl

A converting note is not a loan - you are confusing a converting...

  1. clacko888
    143 Posts.
    lightbulb Created with Sketch. 38
    clock Created with Sketch.
    08/06/18
    09:36
    Post #: 33585841
    A converting note is not a loan - you are confusing a converting note with a convertible note
    The conversion terms were very far from standard.

    If buyers bid at 2c per share, Bergen will again make 100% when it converts and immediately dumps. No rational board would ever have entered a transaction with this uncommercial aspect.
    APG Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

MGT Magnetite Mines set to progress DFS for Razorback through deal with JFE Shoji
right-arrow Created with Sketch.
TX3 Canadian fieldwork yields multiple pegmatites for Trinex
right-arrow Created with Sketch.
AUG Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree
right-arrow Created with Sketch.
RNU Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
right-arrow Created with Sketch.
PMT High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%
right-arrow Created with Sketch.
HCH Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
right-arrow Created with Sketch.
watchlist Created with Sketch. Add APG (ASX) to my watchlist

Currently unlisted public company.

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