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0.00% 1.2¢ vector resources limited

Im aware the face value is $1.20 per note but I am not sure they...

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  1. HAC30
    5,127 Posts.
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    07/03/19
    11:44
    Post #: 37683439
    Im aware the face value is $1.20 per note but I am not sure they are getting a $1.20 face value note for every $1 they kick in.

    If what you think is correct, they would be issued 4,750,000 notes at a face value of $1.20 each.

    I am asserting they would be issued 3,958,33 notes for $4,750,000 cash provided.

    Could be wrong.
    VEC Price at posting: 1.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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