It looks like BPP will have to potentially redeem $4,475,000 of convertible loans (at 12% per annum interest!) on 30 June. The conversion factor is 2.25c per share (or the price of any equity raising in the next 2 months whichever is lower- minimum 1c). So, if the note holders do not convert where will BPP get the $4,475,000??
Ann: Half Year Report & Accounts, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BPP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $14.99M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $5.117K | 879.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 6284827 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 17011174 | 4 |
View Market Depth
| Last trade - 14.34pm 27/09/2024 (20 minute delay) ? |
| BPP (ASX) Chart |