From p2 of ann, it appears Tranche 1 would expire on 28/2/23.
Also, “Tranche 1 is conditional upon receipt of binding commitments in relation to Senior Secured Bond Issue”. One interpretation of this is that only Tranche 1 (~A$20M) is affected by this.
It does not appear to include Tranche 2 (~A$15M) just that “includes an allocation of shares and options to Cyprium Director’s … subject to shareholder approval at the General Meeting”.
So does this mean Tranche 2 could proceed even if Tranche 1 doesn’t happen?
From p2 of ann, it appears Tranche 1 would expire on...
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Last
4.1¢ |
Change
0.003(7.89%) |
Mkt cap ! $62.51M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.3¢ | 3.9¢ | $585.8K | 14.26M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 382362 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 945729 | 9 |
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| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
4.0¢ |
Change
0.003 ( 5.54 %) |
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| Open | High | Low | Volume | ||
| 4.1¢ | 4.3¢ | 3.9¢ | 6048258 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
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