I was redeemed 30% of my holding @ $103.00 plus interest like I was advised in August;
"The Company intends to Redeem A$15,000,000 of the Callable Notes on issue, the subject of the EarlyPartial Redemption Notice with an aggregate call price of103.00% of the outstanding principal amount of each Note being redeemed together with any accrued interest. The EarlyPartial Redemption will take place on or about9 October 2018".
I think the redemption money came from the recent $55 million ASX bond issue. Technical borrowing breaches or not the company has been mismanaged at the very least resulting in a long suspension while lenders try to figure it out. I think the ASX issued bonds will take a hit on opening but nothing like the equity bloodbath I believe is coming.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 25000 | 8.9¢ |
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Price($) | Vol. | No. |
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9.9¢ | 99758 | 1 |
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No. | Vol. | Price($) |
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2 | 166056 | 0.089 |
1 | 5679 | 0.086 |
2 | 107529 | 0.085 |
1 | 120000 | 0.081 |
2 | 106300 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 99758 | 1 |
0.100 | 81022 | 1 |
0.105 | 119912 | 2 |
0.110 | 50000 | 1 |
0.115 | 240000 | 2 |
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