JD, sorry to burst your bubble but it is "an unsecured interest-free convertible security with a 24-month maturity". That is debt that will convert to equity after 24 months.
So, yes it is a form of capital raising!!!
Ann: AUZ secures $12 million investment from US fund, page-11
-
- There are more pages in this discussion • 867 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 AUZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
-0.001(6.25%) |
Mkt cap ! $10.48M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $7.069K | 988.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 11334814 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 981944 | 12 |
View Market Depth
| Last trade - 15.38pm 28/06/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |