I'm wondering if anyone can clarify the outstanding convertible notes approx 685M and what the implications for fully diluted MC this may have
I understand the recent consolidation but I was surprised to see this in the annual report after the top 20 holders.
Of course the notes don't convert if the loan is paid ( I understand shares may be issued to pay interest) but in the event these notes were converted in whole there would be approx 1.1B shares on issue and a fully diluted MC of ~ 380M @ todays SP
looking forward to seeing any feedback on this
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Last
2.9¢ |
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Mkt cap ! $8.869M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.2¢ | 2.9¢ | $1.287K | 43.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 91667 | 2.9¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 1003851 | 2 |
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| Last trade - 13.36pm 30/07/2025 (20 minute delay) ? |
| GW1 (ASX) Chart |