Well, don't entirely like it so early but this is business and loss incurred by one off directors share based pyt of around 6m. agreed by shareholders. If you don't vote against it they get it. The directors also have skin in the game paying almost double what they are now last purchase.
You have to read this for relevancy also:-
The company currently has in place a convertible loan facility of $10m of which $2,000,000 was drawn down. At the date of this report, $8.0m was drawn down with 8 million convertible notes issued. The convertible notes have a fixed conversion price of $0.07 per note.
The directors have prepared a cash flow forecast, which indicates that the Group will have sufficient cash flows to meet all commitments and working capital requirements for the 12 month period from the date of signing this financial report.
The company is growing its BNPL launch and Fintech products. There are funds around.
Further to the above, the entity holds shares in listed entities which it is able to liquidate to meet any funding needs as and when they arise.
- At the date of this report, the value of these investments was $11.88m.
It is now time for the company to get moving and directors show their worth and perform to get the share price moving again. The opportunity is there for the taking so do it and keep us up to date, frequently.
Good luck all.
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Mkt cap ! $14.06M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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1.0¢ | 2166618 | 2 |
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22 | 6520274 | 0.008 |
5 | 1742857 | 0.007 |
2 | 750000 | 0.006 |
6 | 4640000 | 0.005 |
3 | 3300000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2166618 | 2 |
0.011 | 2817428 | 11 |
0.012 | 3788545 | 13 |
0.013 | 1578450 | 5 |
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