Unless Orinoco can pay this tranche (2$m + 10%) back on or before 6 months from now. From the description, currently they only receive fee in a form of 1.4m shares.
If we won't return the money, they can convert them. But there was something about short selling protection. Wondering what that can be.
- Forums
- ASX - By Stock
- OGX
- Ann: Issue of Tranche A of Convertible Notes and Appendix 3B
Ann: Issue of Tranche A of Convertible Notes and Appendix 3B, page-6
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OGX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online