Converting Bonds to shares5 Apr 2018 19:03
If Atlas Capital decides to convert now, the calculations should work like following:
Date.............Volume....................Share Price..................Total
3/4/18........8,870,154...................1.40.......12,418,215
4/4/18........8,639,726...................1.325.....11,845,137
5/4/18......13,887,011...................1.225.....17,011,588
Total........ 31,396,891................................41,274,940
Divide 41,274,940...by... 31,396,891 and the conversion price should be 1.3146. Is my calculation right. Please feel free to correct me.