I have 1 curiousity… We havent seen the convertible debt note holder (Obsidian GP) convert more notes.
At current count, there should still be some $300,000 - $400,000 that remains unconverted and as debt in the company.
But he is subscribing a further $250,000 in equity.. Why didnt he just convert his $300,000 - $400,000 worth of debt notes into equity?
It’s insignificant for sure but im curious for sure….
I have 1 curiousity… We havent seen the convertible debt note...
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $1.379M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $5.909K | 1.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 10781432 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 591198 | 4 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| IFG (ASX) Chart |