WDR
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0.00% 14.5¢ western desert resources limited

Takeover, page-23

  1. Slogger
    7,556 Posts.
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    21/08/14
    11:03
    Post #: 13850253
    "I presume BM will get further shares issued to him at a price to be determined"

    that's the only way I know you can convert debt to equity - issue additional shares at a price to be determined and that gets rid of the loan from the balance sheet and converts it to issued capital (debt to equity).
    WDR Price at posting: 21.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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