If notes converted it is a tad more shares than that MeToo isn't it. Like the other chaps $250k has the some conditions.
US$5mil all up....
Also have you calculated that in AU$1.00 only Face Value per note.
My understanding is that the shocking deal is at US$1.20 Face Value per con note.
Then have a look and do the sums at AU$ per note.
Like it works out at AU$1.62 Face Value then doesn't it ??
What % share holding/control would that give Magna combined with the other chap if these total notes actually do end up being converted for one reason or another. . ?
VEC Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held