KBL
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0.00% 0.1¢ kbl mining limited

What If

  1. Bmission
    498 Posts.
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    12/08/16
    13:53
    Post #: 18504720
    What if ???
    How the note holders get the company very cheaply ???
    1.5 billion shares Divide by 10 equals 150 million shares
    Divide by 10 again is 15 million shares settle 28 million convertable notes on a one note for one share basis
    Share at current rate (004 X 100) equals 40 cents your holding divided by 100 dilution to existing shareholders to about 34%
    Leaving 43 Million shares on issue
    Problem solved notes repaid at full value noteholdes estatic ????
    KBL Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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