the above said, $1,358,000 appears to be a negotiated outcome
the outstanding loan was at least $655,533
while GUL didn't get 26,221,320 shares at 2.5 cents each, worth $2.6M at 10 cents, they got $1,358,000 in cash & shares
basically a 50:50 outcome
its better than getting only the face value of the loan
the above said, $1,358,000 appears to be a negotiated outcome...
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.33M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15665 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.7¢ | 31678 | 2 |
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| Last trade - 11.00am 29/07/2024 (20 minute delay) ? |
| GUL (ASX) Chart |
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