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
Buying them out takes money away that could be used for working...
Add NRZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.73M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| NRZ (ASX) Chart |
Day chart unavailable