TZL 6.15% 6.9¢ tz limited

qvt are selling?, page-28

  1. 5,277 Posts.
    Give YR a break. He's thought this through.

    QVT has sold 300k since their last notice 9 months ago. So thats about 33.33k per month. Should Qvt convert, that would mean a total of about 80m shares.

    80m / 33.33k = 2400months

    2400 months = 200 years

    So the overhang will be taken care of by 2212



 
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