The loan facility was a panic measure as they didn’t want anything happening regarding a CR before the AGM and the ASX were asking questions.
I’m sure they just went for whatever deal they could get quickly, hoping that once the AGM was out of the way and they did the CR they wouldn’t need to draw on it.
Doesn’t sound like good financial planning to me. Especially if they do have to resort to using the loan.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
1 | 1971 | 2.2¢ |
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Price($) | Vol. | No. |
---|---|---|
2.4¢ | 32184 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 1971 | 0.022 |
2 | 252526 | 0.019 |
1 | 200000 | 0.018 |
1 | 1000 | 0.015 |
2 | 318278 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 32184 | 1 |
0.025 | 55000 | 1 |
0.026 | 41000 | 1 |
0.027 | 41000 | 1 |
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