BOT 4.94% 38.5¢ botanix pharmaceuticals ltd

Ann: Notice of General Meeting/Proxy Form , page-2

  1. 105 Posts.
    lightbulb Created with Sketch. 10
    This part of the announcement has caught my eye.

    The Minimum Monthly Payment shall increase as follows:
    ? To US$50,000 per month when the average VWAP of
    Shares for any 5 consecutive trading days, prior to a
    Minimum Monthly Payment date, is A$0.11 to A$0.14.
    ? To US$100,000 per month when the average VWAP of
    Shares for any 5 consecutive trading days, prior to a
    Minimum Monthly Payment date, is A$0.141 to A$0.18.
    4
    ? To US$200,000 per month when the average VWAP of
    Shares for any 5 consecutive trading days, prior to a
    Minimum Monthly Payment date, is A$0.181 to A$0.24.
    ? To US$325,000 per month when the average VWAP of
    Shares for any 5 consecutive trading days, prior to a
    Minimum Monthly Payment date, is A$0.241 or higher.
 
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40.0¢ 40.0¢ 38.0¢ $3.442M 8.886M

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No. Vol. Price($)
2 26467 38.5¢
 

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39.0¢ 135324 3
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