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
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $56.46M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $9.315K | 257.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 537952 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 75583 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 537952 | 0.036 |
4 | 1136696 | 0.035 |
7 | 1276442 | 0.034 |
6 | 2205000 | 0.033 |
4 | 486999 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 75583 | 3 |
0.038 | 53954 | 2 |
0.039 | 472983 | 3 |
0.040 | 24154 | 2 |
0.041 | 439788 | 2 |
Last trade - 12.00pm 25/07/2024 (20 minute delay) ? |
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