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7.94% 29.0¢ argent biopharma limited

Ann: Proposed issue of Securities - MXC, page-4

  1. ML173
    9,562 Posts.
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    10/09/20
    11:09
    Post #: 47232780
    I must admit that they now have the money to support operation. The finance deal is clever on the lender side. 10% discount to the convertible notes face value. Conversion at 8% discount at VWAP, floor at 1.8c ~ 1.62c
    MXC Price at posting: 2.4¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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