EMS 2.63% 2.0¢ eastern metals limited

what ann means?, page-3

  1. 37,911 Posts.
    lightbulb Created with Sketch. 828
    nothing important

    EMS issued 6.7 million shares at value of 3 cents each to a holder of "convertable notes"

    convertable notes are like loans to EMS that the lender receives interest for over time and can from a certain date can convert his loan or "notes" into company shares

    the shares were issued today and could be a reason for the selling

    the lender would have made over a 100% profit on his sale (plus received interest over the life of the note)

    regards
 
watchlist Created with Sketch. Add EMS (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
0.001(2.63%)
Mkt cap ! $2.216M
Open High Low Value Volume
1.9¢ 2.0¢ 1.9¢ $4.483K 235K

Buyers (Bids)

No. Vol. Price($)
1 11894 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 316215 3
View Market Depth
Last trade - 13.12pm 08/11/2024 (20 minute delay) ?
EMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.