QFX 0.00% 0.1¢ quickflix limited

Correct me if I'm wrong but the holders of the preference shares...

  1. 301 Posts.
    Correct me if I'm wrong but the holders of the preference shares have to convert them at 15c or stand to lose them after a certain period? Is a long shot but if Presto was able to bump the price up to 15c it would be really costly for Stan to convert them. That would inject a huge amount of $$.
 
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Currently unlisted public company.

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