Yes correct
but now we have a 12.5% interest on the amount
and if the SP drops we cause more dilution
the payback price per SP isn't fixed
massive gamble
but as Firsova points out it's a sign of confidence by management
let's hope this way of raising cash pays off
Ann: Funding Agreement, page-20
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14.8¢ |
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| Open | High | Low | Value | Volume |
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| LRS (ASX) Chart |