CR8,
This is not a bottomless pit but we are far from the bottom.
LJCI has about $(US)50,000 that they could convert now and there is still another $(US)250,000 to be drawn down by INL and which would then be available for conversion.
There is a second Convertible Note, of $(US)1.5 million, but the indications from INL are that they will not be taking this up.
At a rough guess I think LJCI currently hold around 10 million INL shares.
E&OE !
Best wishes,
TerryA
inl joins billionaires club, page-14
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SDV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
63.0¢ |
Change
0.035(5.88%) |
Mkt cap ! $119.5M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 66.0¢ | 60.0¢ | $225.4K | 357.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1680 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| SDV (ASX) Chart |