IMO Susquehanna will convert the notes after a consolidation. Management will then spin some BS about "We raised $20m in exchange for ~30 million shares, we think that was a good deal".
In reality, they'll have diluted shareholders to the extent of ~14% for $20m and in the process valued the company at ~$140m.
25% premium... there's something for you to 'LMAO' at @col69
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Last
29.5¢ |
Change
0.025(9.26%) |
Mkt cap ! $85.10M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 30.0¢ | 27.5¢ | $1.289M | 4.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13600 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 40556 | 6 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| IMU (ASX) Chart |