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Why Is Global Masters Fund Seeing Steady Convertible Note Conversions?
1:41pm on Monday 13th of October, 2025 AEDT
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Financial Services
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Why Is Global Masters Fund Seeing Steady Convertible Note Conversions?
1:41pm on Monday 13th of October, 2025 AEDT
Key Points
27,542 convertible notes converted into ordinary shares during the quarter
Conversion price remains steady at $3.10 per share
Loan-to-value (LTV) ratio stands at a low 10.70%
Total debt reduced to $9.24 million with $2.56 million in cash
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GLOBAL MASTERS FUND (ASX:GFL)
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