Secure my ignorance and laziness, but can I ask what ZYL's financial position actually is.
I know the have less than a mill in the bank, but how much of the convertible note has been drawn? Is the 3 month grace a period to give them extra time to repay a due payment? If successful in the courts, how much compensation would they get back?
In other word, is administration a real issue, or scare mongering?
Looks cheap with the assets they have if they have the $ to survive.
Milesy
Ann: Mbila Update , page-57
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $69.34M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $101.1K | 6.300M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1509006 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1381644 | 10 |
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| AZL (ASX) Chart |