AJQ
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0.00% 10.0¢ armour energy limited

Ann: Proposed Changes to Secured Amortising Notes, page-5

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  1. RCee
    1,006 Posts.
    lightbulb Created with Sketch. 175
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    14/07/21
    10:29
    Post #: 54487970
    tacking on the desire to borrow another 10m shows where the cash balance is at.

    I can already guess the terms. Bizzell will take them up and they will convert to ordinary shares at a 20% discount just when the share price next starts to rise.
    AJQ Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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