(27-02-2015, 05:53 PM)Jack31 Wrote: 1 for 20 bonus issue. Suspect this might be a move to further push down the cb conversion price without using cash. 7 cents ahead will cost more then.?
I think the CB price conversion will adjust accordingly...
"Any adjustments which are required will be made in accordance with the terms and conditions of the Convertible Bonds to mitigate any potential equity dilution resulting from the Proposed Bonus Issue and to ensure that the status of the holders of the Convertible Bonds is not prejudiced thereafter. "