Does not change the fact we will be paying that 12 percent, while paying wages to them. Nice deal, they get interest plus can convert to shares. They all do it, by that I mean most Asx Small caps, we just don’t get the same deal. In my view I don’t see this as a favour to the company. The only good thing about the debenture is they are obligated to tell shareholders information like change in circumstances with the company. That they should tell us anyways.
I’m trying to find out what the funds are for.
I had to refresh my memory I looked all this up when notes were issued on other company.
https://www.moneysmart.gov.au/investing/investments-paying-interest/unlisted-debentures-and-unsecured-notes
- Forums
- ASX - By Stock
- PSL
- Ann: Change of Director's Interest Notice x 2
Ann: Change of Director's Interest Notice x 2, page-19
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
Add PSL (ASX) to my watchlist
|
|||||
Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.85M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $1 | 39 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 257369 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18 | 0.026 |
1 | 120000 | 0.020 |
1 | 500000 | 0.015 |
1 | 300000 | 0.012 |
2 | 231055 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 257369 | 1 |
0.028 | 939810 | 4 |
0.029 | 432576 | 2 |
0.030 | 1738585 | 6 |
0.031 | 33000 | 1 |
Last trade - 13.06pm 05/08/2024 (20 minute delay) ? |
Featured News
PSL (ASX) Chart |