PGL prospa group limited.
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Nvm I've found it here.Just need to unpack what this...

  1. pastperformer
    8,758 Posts.
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    29/08/19
    08:58
    Post #: 40210157
    Nvm I've found it here.

    https://hotcopper.com.au/data/attachments/1705/1705486-06075e8248b1d1fd895b01538cf3799b.jpg
    Just need to unpack what this means.

    Partners for growth supplied PGL with debt financing through a convertible instrument. The conversion of these notes upon the successful IPO resulted in partners for growth needing payment from the PGL balance sheet. This is the cause of the derivative loss and fair value loss.
    PGL Price at posting: $4.35 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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