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29.0¢ hastings technology metals ltd

”conversion of notes into shares” ehlittle bit of free advice...

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friendlydwarves

3,303 Posts.

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13/04/24

18:28

Post #: 73331051
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Originally posted by jv123: ↑

No need to be rude on here folks. Without question hours of effort spent to confuse the public - beggars belief as to why ? Unfortunately his thesis is full of holes.

Generally, at maturity a bunch of things could happen, conversion of notes into shares, the issuer (HAS subsidiary rep in this case) redeems the notes at face value (ie. $150mill) or maybe both parties agree to extend the maturity of the notes, or.....or.... and or....; there are a multitude of possibilities......however the messiah wants us all to focus on a single outcome - solely at the choosing and discretion of Wyloo (the holder of the notes) is bloody laughable.

The reality is specified in the key terms of this note agreement. Maybe redeem, highly doubtful, but most likely conversion of notes into shares. Forcement by the holders (Wyloo) to repay cash is NOT POSSIBLE! This is as much an investment as it is a loan.

No argument, with the sp at its current value the investment doesn't look great presently however I am sure Twiggy's time horizon longer than most (...certainly the messiahs)

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”conversion of notes into shares” eh

little bit of free advice for ya guv: Twiggy didn’t get rich by buying stuff at 20x its market price

HAS Price at posting: 37.0¢ Sentiment: None Disclosure: Held
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Last 29.0¢		Change -0.025(7.94%)		Mkt cap ! $51.14M

Open	High	Low	Value	Volume
32.0¢	32.0¢	28.5¢	$562.9K	1.882M

Buyers (Bids)

No.	Vol.	Price($)
7	100823	28.5¢

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Price($)	Vol.	No.
30.0¢	65333	2

View Market Depth

No.	Vol.	Price($)
7	100823	0.285
8	145925	0.280
1	180000	0.275
4	29814	0.270
2	6189	0.265

Price($)	Vol.	No.
0.300	65333	2
0.305	36911	3
0.310	50546	2
0.320	483	1
0.325	7000	1

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Last 29.0¢			Change -0.025 ( 7.94 %)
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