GDN
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0.00% 1.7¢ golden state resources limited

Yes you lose all money if not converted.If you convert and you...

  1. guttedsquid
    5,787 Posts.
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    12/05/09
    15:34
    Post #: 5125984
    Yes you lose all money if not converted.

    If you convert and you paid say 4c then the heads would owe you 24c. If you pay up you do the company a favour and keep yourself in the game as you only lose when you sell. The loss would be the same if you convert and sell or just sell if the price stays the same.
    GDN Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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