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If SP is say above 2.1c or 2.2c most will convert if they have...

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    If SP is say above 2.1c or 2.2c most will convert if they have cash and confidence. I thought there are about 230mil options and 590 mil heads which roughly means a 28% dilution if all take it up. Not sure that T20's will convert if it is 1.7c or 1.8c in April.
 
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