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Interesting SENS out

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What is everyone's take on the SENS released today?

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A rough calculation gets me to about 7.1 billion shares that will be in issue if the conversion takes place?

Debt holders getting a decent deal relative to where the share is trading currently. Wonder if they will offload - +/- 100% at current price.

Debt holders getting a decent deal relative to where the share is trading currently. Wonder if they will offload - +/- 100% profit at current price.

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