SUM 15.9% 25.5¢ summit minerals limited

Can someone correct me if I'm wrong as i don't know alot about...

  1. 178 Posts.
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    Can someone correct me if I'm wrong as i don't know alot about the oppies, but basically if your holding SUMO and it hits 0.25, do they convert to regular shares at an average price of 0.25? Assuming you bought 10000 shares of SUMO at 0.1 they'll convert to 10000 of SUM @ current share price?
 
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