With today’s ann, I think there is a CR coming hence they are presenting to the shareholders in Sydney on 10th May and Melbourne in 15th May.
I can’t see the convertible notes being in the money or the OB’s so they are going to need some large funds to pay the convertible note holders towards the end of the year as well as needing funds for working capital!
Ann: Shareholder Information Meetings in Sydney and Melbourne, page-4
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