TER 3.13% 16.5¢ terracom limited

W1's $1 party trigger competion, page-17

  1. 1,634 Posts.
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    Shaidar,
    The convertible note of $20m matures in Dec 2022. Do they have to pay out the $20m then or can it be paid early, ie 5m a month or is it converted to shares automatically when the price hits 0.696c? the other debts are very small by comparison, so shouldn't make much of an impact.
 
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