Perhaps the SP worst is to come.
”Under the formal agreement, the Company must make a cash payment of A$1,959,615 on or before 14 February 2020 and issue SBI with 11,558,021 ordinary shares on or before 11 February 2020.”
Presumably a 3B will come in the morning and 11.5mil shares are released to SBI whom are free to sell (or hold) at their discretions.
Ann: Close-out of Convertible Securities Facility, page-20
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