MX1 3.75% 8.3¢ micro-x limited

Ann: MICRO-X BUSINESS UPDATE, page-8

  1. 336 Posts.
    Micro-X has converted their equity stake into credit.

    If XinRay goes wobbly financially and the proverbial does hit the fan MX-1 can join the line of creditors for what remains of XinRay. However I guess that they would be an unsecured creditor, so there may not be much left. But still further up the queue than equity holders.
 
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