I am not sure if the Company even has early repayment rights on the first and second tranches, but (assuming they do....which is an assumption) I would honestly be 100% fine with the company doing a ~$10mill rights issues at 3.5cents to repay the outstanding balance on the notes and to ensure it is in a position to opt out of the third tranche.
Of course, SKI coming in at 12 cents would be better.......but, you know....
AUZ at the bottom, page-384
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $18.18M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $25.84K | 1.987M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3997423 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1625159 | 11 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |