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
4.5¢ |
Change
0.002(4.65%) |
Mkt cap ! $68.61M |
Open | High | Low | Value | Volume |
4.3¢ | 4.5¢ | 4.3¢ | $93.26K | 2.147M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45813 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 523999 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45813 | 0.043 |
2 | 950000 | 0.042 |
9 | 1366593 | 0.041 |
10 | 868076 | 0.040 |
5 | 150563 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 523999 | 3 |
0.046 | 864287 | 5 |
0.047 | 722907 | 3 |
0.048 | 541111 | 2 |
0.049 | 1125000 | 4 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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