Haha, here's a nice death-spiral Christmas present to current holders:
The price at which Convertible Notes convert to Conversion Shares (Conversion Price) is the
lesser of:
(a) a 20% discount to the 15-day VWAP prior to the Conversion rounded to 5 decimal
places; and
(b) $0.017.
No matter how low the share prices falls, these vultures can still sell and make a 20% profit. Good-bye shareholder capital.
Haha, here's a nice death-spiral Christmas present to current...
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Last
0.1¢ |
Change
-0.001(50.0%) |
Mkt cap ! $808.3K | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $26.54K | 25.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 186 | 364698780 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 68985448 | 12 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| CLZ (ASX) Chart |