"Intermoco?s is now in a position where, including the funds received under the rights issue and redemption of all the outstanding convertible notes, is debt free, has $1.2m in cash can..."
Am I reading this correctly or is it a mistake?
I thought almost all the rights issue was going towards the con note? Or have they paid it out and still have cash?
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"Intermoco?s is now in a position where, including the funds...
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