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4.11% 7.0¢ cardiex limited

Ann: CardieX Update on the Acquisition of 50.5% of inHealth, page-70

  1. Brett M H
    1,591 Posts.
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    22/06/19
    17:41
    Post #: 39189343
    G'day everyone!!

    Can anyone please shed some light on whether the $2.9m USD payment (after already paying $100k) has been made to increase CDX's shares of InHealth from 7% to 40%+?

    And if so, when does this % equity increase for CDX in InHealth actually occur? Is it in just a few weeks time on 30 June 2019 - so CDX will own over 40% of InHealth then?

    Sorry for all the questions, but does CDX already have the funds to do this Convertible Note conversion?

    Thanks in advance!!
    Last edited by Brett M H: 22/06/19
    CDX Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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