Yes, but for security it would have to be convertible into shares if not repaid. Then he would increase from over 20% to even more, which is a breach of the takeover rules.
Ann: Appendix 4E & Annual Report, page-19
Add ILA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
6.5¢ |
Change
-0.004(5.80%) |
Mkt cap ! $7.397M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.6¢ | 6.5¢ | $11.8K | 180.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 71766 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
|
|||||
|
Last
6.8¢ |
Change
-0.004 ( 4.62 %) |
||||
| Open | High | Low | Volume | ||
| 6.8¢ | 6.8¢ | 6.8¢ | 7707 | ||
| Last updated 12.18pm 23/05/2024 ? | |||||
| ILA (ASX) Chart |