No idea what the ‘corporate advisory’ services are that Canaccord will be providing.
But the exercise prices and expiry dates are eye opening
Batch 1 - 45 cents to convert and expire this Christmas
Batch 2 - 55 cents and expire June next year
So they’re saying they’re confident enough to accept options as payment even though the conversion price is 2-2.5x current share price.
Am I missing something here?
Ann: Notification regarding unquoted securities - LRS, page-2
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Last
20.0¢ |
Change
-0.015(6.98%) |
Mkt cap ! $559.8M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 19.5¢ | $1.518M | 7.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 424300 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 174191 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
19.8¢ |
Change
-0.015 ( 6.93 %) |
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| Open | High | Low | Volume | ||
| 20.5¢ | 20.8¢ | 19.5¢ | 4102438 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| LRS (ASX) Chart |