EQR eq resources limited
Add to My Watchlist 2.86% ! 3.6¢

My understanding is that the $3M plus 9% interest becomes $3.27M...

  1. Geeenius
    3,569 Posts.
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    29/11/24
    11:03
    Post #: 76837595
    My understanding is that the $3M plus 9% interest becomes $3.27M after the one year, which EQR can then convert to equity at 7.5 cents/share and so issue 43.6M shares to the note holder. Plus another 10M options at 10 cents/share.

    Seems like a big vote of confidence to me.
    EQR Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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Last
3.6¢ 		Change
0.001(2.86%) 		Mkt cap ! $96.37M
Open High Low Value Volume
3.7¢ 3.7¢ 3.5¢ $31.50K 866.3K

Buyers (Bids)

No. Vol. Price($)
7 1741799 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 62857 1
View Market Depth
Last trade - 15.27pm 16/06/2025 (20 minute delay) ?
EQR (ASX) Chart
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