AJX 0.00% 1.2¢ alexium international group limited

The borrowings of $7m are in the form of convertible notes which...

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    The borrowings of $7m are in the form of convertible notes which do not mature until September 2020. So no "solvency issues" for a bit to come. What I don't understand is the interest expense of $2.8m for the year?
 
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