I disagree - my reading is that once the additional $2.9M is...

  1. 924 Posts.
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    I disagree - my reading is that once the additional $2.9M is paid CDX can claim to own 40%+. The fact that they announced they don't own more than 40% means it hasn't been paid - even if they did declare its going to occur post-haste. Ownership could be in the form of shares or notes - you can own the company as a shareholder or bond-holder/ debt. (Obviously voting rights, etc are different for each class of owner). That's my read.

 
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(20min delay)
Last
3.6¢
Change
0.001(2.86%)
Mkt cap ! $19.25M
Open High Low Value Volume
3.6¢ 3.6¢ 3.6¢ $2.495K 69.30K

Buyers (Bids)

No. Vol. Price($)
3 227143 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 83360 1
View Market Depth
Last trade - 09.59am 31/07/2025 (20 minute delay) ?
CDX (ASX) Chart
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