ZMM 0.00% 1.6¢ zimi limited

Compliant lodged with ASIC, page-7

  1. 1,910 Posts.
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    can they really do this ?
    do a share issue for 2billion shares via a convertible notes issue that almost immediately become redeemed in the underlying shares ?
    there is no way this is a convertible note that gets interest paid on it, if they are redeemable already on july31, so it is just a share placement of 2bill shares... so why are they going thru the effort of the convertible notes issue ??
 
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