You are wrong. The dilution was 96,666,667 shares at a deemed issue price of $0.03 (see the 3B of 23 Nov 2018), plus whatever further shares are issued when the balance of the note ($1.48mil) is converted. IMO look for a conversion in the short term, given how low the SP is......unless Bergen thinks it is going lower.
Ann: Termination of convertible facility, page-134
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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 |