Forgot about that but it's a short term fix. The notes will be converted to equity so a dilution of 100m shares Anyway, puts some cash in the bank to get through these times. I wonder who the note holder/s are. My guess would be the directors and family but that's just a guess Meanwhile paying 8% interest is pretty high but given the risk level of this company, the risk premium is OK.
Be good to get a revised date for the go live.
- Forums
- ASX - By Stock
- BPG
- Ann: Appendix 4C - monthly
Ann: Appendix 4C - monthly, page-10
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BPG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online