Saving the company cash at this point is good but what makes conversions bad is dilution and if Mercer were to convert the other two outstanding tranches at the same price (hopefully it's higher for the upcoming conversions which expire in August), that would add about 2.5% of shares in total from all 3 tranches to the fully diluted share count, which is something but not too bad.
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Last
$6.27 |
Change
0.360(6.09%) |
Mkt cap ! $97.17M | |||
| Open | High | Low | Value | Volume |
| $5.93 | $6.30 | $5.91 | $107.9K | 17.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | $6.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.27 | 200 | 1 |
View Market Depth
| Last trade - 15.42pm 27/06/2025 (20 minute delay) ? |
| AVR (ASX) Chart |