That is a crazy good deal for Chrisp no doubt.. sweet as printing your own money. I’ve seen various convertible notes wreak havoc on companies before but so far so good this isn’t one of them. Owns a third of the company now (does this figure include the anticipated 59m shares to be converted?) so clearly aims aligned with shareholders (and escrowed for 8 months (or FID)) another positive…
In fairness, $20 million or so to Chrisp, $4 million to CXM.
Think we may need some news early next week to keep up the momentum? Dilution never a good thing. News on DARP sales the most likely?
Always enjoy your upbeat posts ragingboom!
GLTH
GM
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.74M | |||
| Open | High | Low | Value | Volume |
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| CXM (ASX) Chart |
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