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I don't believe shares emanating from conversion of the hybrids...

  1. W534220
    3,340 Posts.
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    13/01/17
    13:42
    Post #: 21877490
    I don't believe shares emanating from conversion of the hybrids as per the conversion mechanism defined in the hybrid terms is counted as issuance of new equity as restricted by the 15% annual cap. Please prove it if i am wrong.
    SRS Price at posting: 2.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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