GBZ can pay of the debt with 8.75c conversion price shares in approx 2 years. If you take into account interest, that GBZ can also pay back with shares, "net"-dillution will be arounc 6c. The debts doesn't look very sexy in the balance sheet, but imo they're anything but a threat.
Sell of the silverware in an ugly resource explorer market to pay of the debts with money, doesn't seem like a good idea to me under the above conditions.
But of course this company needs fresh money to go ahead....
GBZ can pay of the debt with 8.75c conversion price shares in...
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Last
1.1¢ |
Change
-0.002(15.4%) |
Mkt cap ! $12.72M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.1¢ | $38.30K | 3.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 748499 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
-0.002 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 1.1¢ | 1.2¢ | 1.0¢ | 2838295 | ||
| Last updated 15.58pm 29/04/2024 ? | |||||
| GBZ (ASX) Chart |