Gidday, DB - good to see you actively participating on these boards again.
I was the one who asked Trav to put the question to the Board at MLX's AGM re: the con notes. I've been pushing Matt offline - but obviously - his lips are sealed on this matter. As such, I wanted to gauge where MLX stood on the matter - especially with Brett Smith (formerly APAC) at the helm.
I don't want to speculate on the specifics, but I am relieved to hear that MLX are seemingly open to a renegotiation of the con notes, do not want to see CYM tied up in receivership (which can be a drawn out process taking several years - which isn't in their benefit) & believe they will realise more than the current carrying value of the notes. This has been weighing on me (and potentially the SP), but I am more confident now that a deal will be done.
Once we have churned through the significant equity at the recapitalised price of 4c and sorted out the debt facility and con notes - we should be off to the races. Cheers.
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Last
5.0¢ |
Change
0.001(2.04%) |
Mkt cap ! $76.23M |
Open | High | Low | Value | Volume |
4.9¢ | 5.2¢ | 4.8¢ | $98.72K | 1.982M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 76924 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 626748 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 76924 | 0.050 |
4 | 910416 | 0.048 |
4 | 412765 | 0.047 |
3 | 280000 | 0.046 |
3 | 64000 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 626748 | 3 |
0.052 | 310161 | 3 |
0.053 | 1000423 | 1 |
0.054 | 700000 | 2 |
0.055 | 400000 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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