CDX cardiex limited
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There wont be any revenue reported until Craig draws down the...

  1. Woody12
    34 Posts.
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    02/10/24
    07:59
    Post #: 75935088
    There wont be any revenue reported until Craig draws down the loan from C2V first so that they can then convert the debt to shares and trigger the free option, which will be in December. If they reported revenue now and did not need the loan facility, C2V would miss out on millions of free shares.

    Just my thought.
    CDX Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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