Fred Bart a top 20 share holder is willing to lend again with no security to me it says that he still has faith in the company, and this gives the company more time to finalize its RNA asset sale to a prospective buyer now that they have access to best and latest RNATE technology in the world without diluting shareholders value by issuing more shares.
Note 10. Events after the reporting period
On 16 February 2024, the Company received a commitment letter from 4F Investments Pty Limited, a related party of Mr Fred
Bart, affording the Company a facility of up to $2,000,000. An unsecured loan facility will be made available in the second half
of FY24 to meet the company’s short term working capital needs. The terms of the unsecured loan facility agreement are
expected to be similar to those disclosed within Note 9.
Ann: Appendix 4D and Half Year 2024 Financial Report, page-6
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Last
8.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.37M | |||
| Open | High | Low | Value | Volume |
| 7.9¢ | 8.0¢ | 7.9¢ | $4.146K | 51.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 79733 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 148300 | 2 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
7.9¢ |
Change
0.000 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| 7.9¢ | 7.9¢ | 7.9¢ | 2000 | ||
| Last updated 14.36pm 31/05/2024 ? | |||||
| NOX (ASX) Chart |