Hmm. WP would need to have his head read if he signed off on a loan that had covenants attached to market cap. This company is afterall a Aussie biotechy penny-dreadfully speccy so volatility is sorta like death n taxes... its sorta guaranteed. Methinks the only covenants are related to minimum cash balances and that they stay listed on the ASX & they dont lie when making ASX statements. But maybe another question at the AGM while they have most of that $10M drawn but not spent.
Ann: Admedus announces facility agreement with PFG, page-179
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Last
$15.04 |
Change
-0.110(0.73%) |
Mkt cap ! $292.1M | |||
| Open | High | Low | Value | Volume |
| $15.35 | $15.35 | $15.00 | $52.53K | 3.457K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45 | $15.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.18 | 153 | 2 |
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| Last trade - 12.32pm 31/07/2024 (20 minute delay) ? |
| AVR (ASX) Chart |