InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.20
(
0.21%
)
Bitcoin
63,202.81
(
0.07%
)
Post# of 40914
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (5) Keep Next 10 Report Keyboard Shortcuts
Replies (5) Next 10 Prev Next

tutankhamuns

Send PM Follow Ignore
Followers 71
Posts 9289
Boards Moderated 0
Alias Born 04/28/2017

tutankhamuns

Re: jwblue74 post# 15715

Friday, 01/31/2020 9:22:47 AM

Friday, January 31, 2020 9:22:47 AM

Post# of 40914
However, you’re missing a step...

The basic way to calculate a discount is to multiply the original price by the decimal form of the percentage. To calculate the sale price of an item, subtract the discount from the original price.
https://m.wikihow.com/Calculate-a-Discount

.0175 - .01225 = .00525 is the sale/conversion price after the 70% discount

$1,470,000 /.00525 = 280M shares needed to extinguish the entire note in question

That’s why the A/S is 300M. The original O/S before the dilution began was just under 20M.

Remember: A 100% gain to the upside is only a 50% loss to the downside...

$KWBT
Public Reply Private Reply New Post
Keep Last Read
Replies (5) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (5) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up