Buying them out takes money away that could be used for working capital/bills.
This then reduces the time they have to get another deal done…. or announcement etc etc. Before the need to raise again.
I don’t see that as nefarious.
They had multiple $5M tranches, not sure if any required an agreement between both parties to payout.
Cheyne
Ann: Application for quotation of securities - NRZ, page-24
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NRZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $6.513M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $34.29K | 11.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 57072983 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7151122 | 14 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| NRZ (ASX) Chart |