We have to draw a minimum of $10m. We can draw up to $29m but we may only draw part of it. Plus LDA get the 75 mill options at what should be a bargain basement price.
LDA get a a great deal and we get financial certainty just before take off which is a great thing to have.
There is no way LDA would be putting up that sort of money without significant due diligence, and i mean significant. Ie, satisfied AKIDA actually works and will sell. Lets face it, if AKIDA duds out they lose all just like the rest of us.
So i see the deal as validation of AKIDA as a very viable product.
We have to draw a minimum of $10m. We can draw up to $29m but we...
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23.5¢ |
Change
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Mkt cap ! $463.5M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.5¢ | $635.7K | 2.666M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 719235 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 673103 | 22 |
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