So with 30,000 convertible notes, what volume of shares does that equate to?
I had a look at the notes announcement on 15 Oct 2019. All I could see was this:
"Convertible Notes to be issued at a price of $1.00 each with a Maturity date of 31 January 2020. Each Convertible Note is convertible into ordinary fully paid shares. The conversion price will be 80% of the 5-Day VWAP prior to the date on which conversion Notice is sent to the Company"
I can't make sense of the volume today in light of the above. Is is the case much of the volume today was from other holders not happy with this news?
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