Yep - it was 421,000,000 when they signed the loan with Nabari and if they are exercised then at least MMI will receive some funds (even if we all get diluted).
Still a good deal as MMI needed that funding to survive and expand, the other option was an equity raise which would have been horribly dilutive. Lesser of two evils in my mind
2023 Production Progress, page-272
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Last
5.2¢ |
Change
-0.001(1.89%) |
Mkt cap ! $309.6M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.3¢ | 5.2¢ | $1.300M | 24.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 854720 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 1693409 | 5 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| MMI (ASX) Chart |