The Rights Issue Presentation makes it clear that the Wyloo convertible notes are 'ring fenced' ie secured only over the shares. And guaranteed by HAS. So what does guaranteed mean in this context if, as they imply, it doesn't mean they have to stump up the difference between the value of the loan and the value of the security?
Purely academic interest, I'm down so much on this gem I'll leave it for other punters.
The Rights Issue Presentation makes it clear that the Wyloo...
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Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $54.77M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 28.5¢ | $41.18K | 142.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 77008 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 480 | 1 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| HAS (ASX) Chart |