Also the deal was struck on Nov-19 and according to the release at the time, no interest was payable for the first 5yrs. Not sure why that differs from the annual report. In any case, it’s a 10yr loan so the interest accrued over that period is not much in the scheme of things and it’s not a real issue for another 5 years. Plenty of time to get the project developed.
Vincere also got 10m in stock so I wonder if that’s how one of these larger holders got theirs: they may have acquired the assets of Vincere and now they’ve decided they don’t want the stock so they’re dumping and hanging onto the debt.
In any case, it’s a non-issue IMO. At least for a few years.
- Forums
- ASX - By Stock
- EM2
- Ann: September Quarterly Report and Appendix 5b
Ann: September Quarterly Report and Appendix 5b, page-64
-
- There are more pages in this discussion • 22 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 EM2 (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.0¢ |
Change
-0.002(3.23%) |
Mkt cap ! $23.57M |
Open | High | Low | Value | Volume |
6.3¢ | 6.3¢ | 5.9¢ | $71.70K | 1.185M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 652245 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 53231 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 652245 | 0.059 |
1 | 140000 | 0.057 |
1 | 200000 | 0.056 |
1 | 100000 | 0.055 |
1 | 150000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 53231 | 3 |
0.063 | 11500 | 1 |
0.068 | 226100 | 3 |
0.070 | 51100 | 2 |
0.071 | 190000 | 2 |
Last trade - 15.58pm 03/06/2024 (20 minute delay) ? |
|
|||||
Last
6.0¢ |
  |
Change
-0.002 ( 3.38 %) |
|||
Open | High | Low | Volume | ||
6.5¢ | 6.5¢ | 6.0¢ | 438706 | ||
Last updated 15.53pm 03/06/2024 ? |
Featured News
EM2 (ASX) Chart |