Of course CSVF used their remaining convertible note to take stock - and yes, that erased about $3m of debt by needing to issue shares to them. But thats not a quasi capital raise - it is what it is. Given CYL's growing cash position, I'm sure they would have rather paid it back to CSVF in cash but couldnt as it was CSVF's option to convert if they wanted to.
Of course CSVF used their remaining convertible note to take...
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Last
$1.09 |
Change
0.040(3.81%) |
Mkt cap ! $244.7M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.10 | $1.03 | $337.1K | 315.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1847 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 8486 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| CYL (ASX) Chart |