I think there is a bit of a misunderstanding here...one poster said earlier, that the VWAP has to be above 8 cents over a consecutive period of 30 days to trigger the performance rights.
But when you look into the resolutions for performance rights , it states
It doesn't say 30 days consecutive a VWAP of 8cents plus...it only says as determined by 30 day VWAP of
8 cents...and if you add up the days with a VWAP above 8 cents...then the performance rights are legit.
Only 8 million performance rights expired....
On the plus side we got an additional 535.000 $ in the kitty from converting some convertible notes by Craig and Niall....
CDX Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
