John,
The convertible notes are automatically redeemed semi-annually until maturity (5yrs). Susquehanna do not have any right to request redemption of 100% of the notes until the 3rd or 4th anniversary.
It's clear you have fundamental issues with the stock valuation and managements performance, and probably believe the floor price will remain relevant for the next 3 years. It's up to individual holders to agree or disagree with that assumption, but it is dishonest to represent the potential dilution as a catastrophic and imminent threat to the company.
Happy to be corrected on the terms of the deal if I have misunderstood something, I'm no expert in corporate financing.
Ann: Imugene Receives A$20 million for Convertible Notes Issuance, page-238
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Last
29.0¢ |
Change
0.020(7.41%) |
Mkt cap ! $85.10M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 30.0¢ | 27.5¢ | $659.1K | 2.288M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 71581 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 64259 | 6 |
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