‘The Company is aiming to have documentation completed by middle to end of next week.’.
I suspect there will be no ‘funding’ in place by Monday as you have suggested and I would suggest no documents in place by Monday either.
Given the Convertible Note is a new class of security, and is to be secured by as yet un-specified IP I reckon the ASX should be asking for a long-form prospectus.
EX1 Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held
