The cash sweep will be telling.
If docs are signed then they will trigger the sweep. If they sweep the bank clean this co will buckle. I hope not but it is one if the worst outcomes he could have negotiated. The interest rate puts some bank credit cards to shame. 12.5%!!!
Ann: Shareholder Update, page-20
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20.5¢ |
Change
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Mkt cap ! $164.1M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 20.5¢ | $316.3K | 1.496M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 433972 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 200000 | 1 |
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