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....
- Forums
- ASX - By Stock
- GBZ
- Ann: Quarterly Activities Report and Appendix 5B
Ann: Quarterly Activities Report and Appendix 5B, page-48
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GBZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.72M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $67 | 6.05K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 250024 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 1313866 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 423912 | 0.011 |
3 | 617651 | 0.010 |
5 | 1765464 | 0.009 |
6 | 1945797 | 0.008 |
3 | 550000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1313866 | 5 |
0.013 | 1403307 | 3 |
0.014 | 1422469 | 5 |
0.015 | 1051250 | 3 |
0.016 | 933334 | 1 |
Last trade - 10.04am 05/06/2024 (20 minute delay) ? |
Featured News
GBZ (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non-Executive Director
Simon Kidston
Non-Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online