Rosyoutlook, As the shares convert the capitalisation of the company reported by the ASX is updated. I based my figures on the current capitalisation of BCD which includes converted notes so far. Not sure how many still need to convert but I will keep an eye on it as it is updated on ASX to recalculate PE's.
On another note there could be note holders converting for 1 cent and then selling on ASX for a profit. Could explain why the stock has been belted down to 1.1 cents. Therefore, if BCD holds at 1.1 cents or above its a very positive sign as it would explain a lot about current share price weakness and would further promote the cause that this stock is BUY.
Lets see what happens but very interesting situation here.
BCD Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held