No, the option to take up the Con Note is fully exercised once the $3m is paid. (Having the Con Note and conversion to shares is 2 different transactions) Once the Con Note is issued inHealth will be paying interest on that note (from memory 6%??) until converted to shares which is when ownership increases.
The conversion of the Con Note to shares can happen any time between issue and expiry which is 7/2020.
In regard to whether the $3m has been paid the Company said:- It is correct that statement does not confirm payment however would suggest it has been paid and payment would not need a separate ann.
Would seem logical to me that if payment has not been made an Ann to that effect should have been made advising any change in circumstances.
- Forums
- ASX - By Stock
- CDX
- Ann: CardieX Update on the Acquisition of 50.5% of inHealth
Ann: CardieX Update on the Acquisition of 50.5% of inHealth, page-96
-
- There are more pages in this discussion • 117 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CDX (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.2¢ |
Change
-0.001(1.59%) |
Mkt cap ! $18.23M |
Open | High | Low | Value | Volume |
6.2¢ | 6.2¢ | 6.2¢ | $8.189K | 132.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 90000 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 45000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 90000 | 0.061 |
2 | 218000 | 0.060 |
1 | 75000 | 0.059 |
1 | 92593 | 0.054 |
3 | 159200 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 45000 | 1 |
0.066 | 40900 | 1 |
0.067 | 21625 | 1 |
0.068 | 200000 | 2 |
0.069 | 145000 | 1 |
Last trade - 14.03pm 19/07/2024 (20 minute delay) ? |
Featured News
CDX (ASX) Chart |