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| Subject: Re: 2915/10Proton changed from contingent to non current audited no qual Iinvestable weight March | |
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Author: anonymous |
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Date Posted: 03:19:35 10/01/02 Tue In reply to: anonymous 's message, "31.5 16/10Proton changed from contingent to non current audited no qual Iinvestable weight March" on 02:32:18 10/01/02 Tue If the convertible noteholders who become shareholders (assuming all are converted) in order to break even on their investment--they would need to sell at a minimum of 29c 41,486,967 times 29 the face value 22.8 million (assuming ERG paid them 10 million in cash the remainder they would get when they sold the share)(if ERG pays themm 5 million in cash the equation is different--they would then have to get a higher price than 29 to break even) [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| 38.7 million for Proton turned from contingent liablity to non current liability | anonymous | 03:55:46 10/01/02 Tue |
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