Big discount to current SP and it's not even underwritten (by virtue of it not being disclosed as such). That's suggesting a very tough negotiation to even get this much money. $16m a certainty, the extra $10, will be a small uptake you'd expect.
Strong headwinds for the next few months methinks. And I suspect more shareholder tapping in the near future as well, once the debt package is finalised.
I suspect the notes will be converted and not repaid in 2025 imo.
I'll come back here in 3 months to see where things are at.
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4.7¢ |
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Open | High | Low | Value | Volume |
4.5¢ | 4.7¢ | 4.5¢ | $56.83K | 1.218M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 453938 | 4.6¢ |
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Price($) | Vol. | No. |
---|---|---|
4.8¢ | 186799 | 4 |
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No. | Vol. | Price($) |
---|---|---|
5 | 453938 | 0.046 |
5 | 425678 | 0.045 |
2 | 110000 | 0.044 |
8 | 998417 | 0.043 |
6 | 555357 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 186799 | 4 |
0.049 | 569100 | 3 |
0.050 | 1114332 | 4 |
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