Looking at this clause in the debt facility, I don't think they were able to use it to get the 2mil required. 500% of the 15 day average volume in dollar value. Rough figures would be $60k x 5 meaning the most they could get would be 300K
This is the reason for the last time they accessed the facility with the strange amount under 400k.
Ann: Trading Halt, page-55
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $17.95K | 1.126M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 700000 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1594709 | 5 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WWI (ASX) Chart |