I must admit that they now have the money to support operation. The finance deal is clever on the lender side. 10% discount to the convertible notes face value. Conversion at 8% discount at VWAP, floor at 1.8c ~ 1.62c
Ann: Proposed issue of Securities - MXC, page-4
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Last
54.0¢ |
Change
0.010(1.89%) |
Mkt cap ! $26.13M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 57.0¢ | 54.0¢ | $66.55K | 120.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 334 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 1767 | 1 |
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| Last trade - 15.52pm 02/10/2024 (20 minute delay) ? |
| RGT (ASX) Chart |