RSN renison consolidated mines nl
Add to My Watchlist 0.00% ! 10.0¢

note conversion

  1. rebel1
    28,835 Posts.
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    15/03/12
    11:38
    Post #: 9842874
    In simple terms is this the way to look at it:

    the notes were issued at 30c...so 30c is payable per note...instead noteholders will get shares at a value of 30c .

    so 3529 shares per note (15% discount to .001c) .00085 ..

    RSN Price at posting: 30.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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