Gidday, DB - good to see you actively participating on these boards again.
I was the one who asked Trav to put the question to the Board at MLX's AGM re: the con notes. I've been pushing Matt offline - but obviously - his lips are sealed on this matter. As such, I wanted to gauge where MLX stood on the matter - especially with Brett Smith (formerly APAC) at the helm.
I don't want to speculate on the specifics, but I am relieved to hear that MLX are seemingly open to a renegotiation of the con notes, do not want to see CYM tied up in receivership (which can be a drawn out process taking several years - which isn't in their benefit) & believe they will realise more than the current carrying value of the notes. This has been weighing on me (and potentially the SP), but I am more confident now that a deal will be done.
Once we have churned through the significant equity at the recapitalised price of 4c and sorted out the debt facility and con notes - we should be off to the races. Cheers.
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.40M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.4¢ | $21.99K | 626.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 66574 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 19746 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 66574 | 0.034 |
4 | 820000 | 0.033 |
1 | 76999 | 0.032 |
3 | 550000 | 0.031 |
5 | 461467 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 19746 | 1 |
0.036 | 259921 | 2 |
0.038 | 25500 | 1 |
0.039 | 290000 | 1 |
0.040 | 1402000 | 3 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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