Strange... Why offer up a $6m loan @7% interest if you intend to partially convert on consecutive days minimizing the return on investment by the lender. Why not convert the oppies @ 0.065 instead? Why pay 0.065 when they could have bought at market @0.045ish? More to come I suspect, explains the propping up of the sp over the past few weeks imo. Interesting to see how this unfolds.
Ann: Application for quotation of securities - EQR, page-2
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Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $127.5M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.7¢ | $1.994K | 34.52K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 314379 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 359478 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| EQR (ASX) Chart |