My 2c...
They can borrow from the bank until the SP exceeds 1c and stays above that level for a specified period of time.
Extend the options and allow enough time for the SP to rise, e.g., until June 2026.
The options will be converted, and CR will no longer be required.
Ann: 31 March 2025 Quarterly Activities and Cashflow Report, page-5
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.179M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 27474714 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 32628892 | 9 |
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| Last trade - 12.54pm 07/08/2025 (20 minute delay) ? |
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