"At time of signing, $3.645m is owed by the company to C2V under the Convertible Note Facility. So, doesn’t this reduce the limit amount to “up to” $3.855m?"
No. From the Annual Report:
"C2 Ventures Pty Ltd, a Company jointly owned by Directors Mr Niall Cairns and Mr Craig Cooper, has entered into a funding agreement with CardieX to provide total capital of A$7,500,000, including a A$1.5m facility limit to be received during the December 2023 quarter, followed by a further A$6m facility limit to be provided during the 2024 calendar year."
Also, the table in the Funding announcement says $1.5m for each of the first two quarters of next year, then $3m for the last half of next year.
- Forums
- ASX - By Stock
- CDX
- Ann: Funding and Capital Update
Ann: Funding and Capital Update, page-22
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CDX (ASX) to my watchlist
|
|||||
Last
6.5¢ |
Change
-0.005(7.14%) |
Mkt cap ! $19.12M |
Open | High | Low | Value | Volume |
7.1¢ | 7.1¢ | 6.5¢ | $48.87K | 720.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 34066 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 34066 | 0.064 |
2 | 154438 | 0.063 |
1 | 175000 | 0.062 |
1 | 82000 | 0.061 |
2 | 160000 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 25000 | 1 |
0.070 | 1133 | 1 |
0.072 | 54000 | 1 |
0.075 | 51786 | 2 |
0.078 | 8865 | 1 |
Last trade - 12.46pm 01/07/2024 (20 minute delay) ? |
Featured News
CDX (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online