Any company who gets a secured convertible note whilst not earning income…. unfortunately history tells you it’s a ticking time bomb. Convertible notes for juniors can only work in a bull market and even then history is not on their side.
is the management that put this financing in place still there?
Ann: 5EA to Recapitalize Ahead of First Production, page-5
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Last
10.5¢ |
Change
-0.015(12.5%) |
Mkt cap ! $34.97M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 9.9¢ | $114.5K | 1.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 134349 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 134471 | 3 |
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| 5EA (ASX) Chart |