The MD put another $3 million which is most likely to be turned into equity. 10% unsecured loan is very attractive based on what the market would provide. No options or unreasonable dicounts. All good except the share price imo
some timeline would be nice though.
Ann: $3M Director Loan Facility to Fund Ongoing Technical Work, page-19
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Last
7.0¢ |
Change
0.001(1.45%) |
Mkt cap ! $27.50M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.0¢ | 7.0¢ | $6.575K | 93.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.4¢ | 101490 | 2 |
View Market Depth
| Last trade - 14.43pm 10/05/2024 (20 minute delay) ? |
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Last
6.9¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 7.1¢ | 7.1¢ | 6.9¢ | 51196 | ||
| Last updated 15.43pm 10/05/2024 ? | |||||
| EM2 (ASX) Chart |