That was my thoughts too. If they were to pay Lind off asap I'd prefer them to do it via refinancing rather than soaking up our capital upfront and delaying progress on all assets. But then you're paying interest twice so it would have to have se major benefits to do this. Chances are Lind will convert, and if you look at out MC will end up being a major holder even if only for the short term. The dilution will be annoying especially as we are so undervalued at this point in time, but will also be a vote of confidence from Lind that they can profit from converting. A few million dollars worth of shares won't be a big impact in the scheme of things and we'll be self funded going forward, so could be the best thing overall. It just would have been nice if our MC was 60mil by start of Feb
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That was my thoughts too. If they were to pay Lind off asap I'd...
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $2.201M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $19.08K | 1.714M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1231933 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 552612 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1231933 | 0.010 |
5 | 1083445 | 0.009 |
2 | 182500 | 0.008 |
4 | 1500000 | 0.007 |
2 | 550000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 552612 | 2 |
0.013 | 552254 | 2 |
0.014 | 410707 | 1 |
0.015 | 50000 | 1 |
0.016 | 235000 | 2 |
Last trade - 11.49am 23/08/2024 (20 minute delay) ? |
C7A (ASX) Chart |
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