"Minimising dilution. The conversion price of the Convertible Notes will be at 90% of the average of five daily volume-weighted average prices (“VWAPs”of the Company’s shares during a specified period immediately prior to the date of issuance of the shares on conversion."
Yuck. Convertible notes without a set floor very, very rarely end well. Bergen have a history of being crafty too... Unlikely to 'minimise dilution' sorry guys and gals.
Ann: AUZ secures $12 million investment from US fund, page-13
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0.8¢ |
Change
0.001(6.67%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.9¢ | 0.7¢ | $45.94K | 5.737M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4463881 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 4364826 | 10 |
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| AUZ (ASX) Chart |