The ammendment states that funds from this rights issue will be used to expire $1.5M debt, however when I read on they also state that future funding will be required to retire $1.5M debt.........so which one is it?
At least it clears things up for option holders who thought they had to convert prior to X date - hope no-one converted and lost what little leverage is left with BCNOA.
Unfortunately this has become a real mess and left the directors looking like incomptent fools. What was a great little speccy company on Monday has now become a train wreck in 48 hours.....well done BCN.
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Last
$1.26 |
Change
-0.035(2.71%) |
Mkt cap ! $132.6M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.30 | $1.26 | $213.3K | 165.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 178 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 4098 | 1 |
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| Last trade - 15.58pm 23/07/2025 (20 minute delay) ? |
| BCN (ASX) Chart |