"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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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $3.334K | 361.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1535033 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 9488046 | 30 |
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| Last trade - 10.53am 09/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |