Clearly what is best for current shareholders is for the notes and rcp's to be redeemed and not converted- if a debt facility or rights issue is required management should do so -problem with a rights issue is the notes have to be redeemed within 10 days of the spa being unconditional (so maybe a better option for the rcps'). Test for management/directors as clearly there is a rather large conflict of interest- line their own pockets or do the right thing for all shareholders - hopefully they act in the best interest of the company owners -ie holders- i have my doubts though.
Clearly what is best for current shareholders is for the notes...
-
- There are more pages in this discussion • 165 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
81.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $155.0M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 81.0¢ | 80.5¢ | $34.39K | 42.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6600 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 130187 | 1 |
View Market Depth
| Last trade - 15.56pm 01/07/2024 (20 minute delay) ? |
| BRL (ASX) Chart |