Australia's largest stock trading and investment forum Australia's #1 stock forum

HCH

Click for more information

0.00%

$1.25 hot chili limited

Murray doesn't appear to be selling any either.

First 4 Last

Share
Profile

Follow
shakeypremis

141 Posts.

10

22/04/20

01:15

Post #: 44177135
Share

Originally posted by MamaHuhu: ↑

Hi glemon.
Murray Black is the indirect owner of some convertible notes in Hot Chili (3,834 notes). Those notes are essentially debt that pays interest. Instead of Hot Chili paying Murray the interest in cash he instead receives shares in lieu of cash (in this case 549,851 shares) for this quarter.
I think this is fine. I'd rather Hot Chili preserve their cash (even though in this case it was only about AUD$7K).

All the best.

Mama Huhu

Expand

Murray doesn't appear to be selling any either.

HCH Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 2 more messages in this thread...

First 4 Last

Add HCH (ASX) to my watchlist

(20min delay)
Last $1.25		Change 0.000(0.00%)		Mkt cap ! $149.3M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	2000	$1.30

Sellers (Offers)

Price($)	Vol.	No.
$1.24	4035	1

View Market Depth

No.	Vol.	Price($)
1	2000	1.300
1	308	1.275
1	944	1.270
1	58	1.265
1	2450	1.255

Price($)	Vol.	No.
1.240	4035	1
1.245	19283	1
1.300	7180	5
1.310	122391	1
1.315	546	1

Last trade - 16.12pm 01/05/2024 (20 minute delay)

HCH (ASX) Chart

Day chart unavailable

SPONSORED BY