If the note holder is taking 1c for this 15m shares, will put pressure on the 1c line, sees the rest of the mad cows sell into 0.9c. What do they expect.
If the company could deliver on either a 3rd party JV, offtake finance, equipment sales, Arb cash forthcoming.
Why would they dare dilute the registry with allowing any more placement capacity into a note?
At this point, any price they provide a conversion at, is likely to be reached by the market, being the con note as the seller, or the rest of the market anticipating supply.
Any further issue of these notes at any further discount, has to be considered off the rails. And not viewed as acting in the best interest of holders surely ?
Company needs to deliver on the items above, nothing else.
- Forums
- ASX - By Stock
- AAU
- Ann: Cleansing Statement
Ann: Cleansing Statement, page-19
-
- There are more pages in this discussion • 79 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AAU (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $7.422M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $2K | 500K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
82 | 69974163 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 52564430 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
75 | 65294303 | 0.003 |
50 | 67125069 | 0.002 |
17 | 71499950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 52564430 | 25 |
0.005 | 18051781 | 13 |
0.006 | 6067660 | 7 |
0.007 | 1055918 | 2 |
0.008 | 4700000 | 4 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
AAU (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online