That last note cannot see the light of day it has to be bought...

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23/05/24

20:44

Post #: 73982902
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Originally posted by stevenjd: ↑

If the note holder is taking 1c for this 15m shares, will put pressure on the 1c line, sees the rest of the mad cows sell into 0.9c. What do they expect.

If the company could deliver on either a 3rd party JV, offtake finance, equipment sales, Arb cash forthcoming.
Why would they dare dilute the registry with allowing any more placement capacity into a note?
At this point, any price they provide a conversion at, is likely to be reached by the market, being the con note as the seller, or the rest of the market anticipating supply.

Any further issue of these notes at any further discount, has to be considered off the rails. And not viewed as acting in the best interest of holders surely ?

Company needs to deliver on the items above, nothing else.

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That last note cannot see the light of day it has to be bought off

AAU Price at posting: 0.9¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $11.89M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.5¢	$800	150.0K

Buyers (Bids)

No.	Vol.	Price($)
10	8863429	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	7591639	13

View Market Depth

No.	Vol.	Price($)
10	8863429	0.005
35	48917845	0.004
45	52593694	0.003
9	24985543	0.002
10	57514950	0.001

Price($)	Vol.	No.
0.006	7591639	13
0.007	4228570	6
0.008	4795387	8
0.009	14000000	3
0.010	6072013	4

Last trade - 15.26pm 15/07/2025 (20 minute delay)

AAU (ASX) Chart

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