Convertible notes issued, to cover previous liabilities in form of bridging loan. Check,
This company obviously needs to secure some less onerous funding, but the more desperate prior debt liabilities arguably replaced with something a little better, if still ultimately potentially dilutive to the company. Buys it time, but I am sure no investor is blind to this company needing to improve its financial prospects forthwith...
Ann: Drawdown of Tranche 1 of the Redeemable Convertible Notes, page-2
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Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $2.254M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $27.45K | 2.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1619734 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 20285 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| OSX (ASX) Chart |