APG
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0.00% 0.3¢ austpac resources nl

While the money is welcomed, the conversion price which is 90%...

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  1. nguyendz
    427 Posts.
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    11/01/18
    09:50
    Post #: 30216422
    While the money is welcomed, the conversion price which is 90% of price on conversion date is not.
    This term allow the debt holder to short the share price to 0.1c and get 10times more shares to cover short positions. It called death spiral.
    APG Price at posting: 0.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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