It was a conversion of debt to equity - unsure if VNL saved money on interest with the early conversion.
This announcement is cashflow neutral, however is does allow them to exercise the related options for a cash payment.
I suspect they'll do that once the exercise doesn't breach the 20% threshold (post post the next dilution)
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- Ann: SONGTRADR INCREASES INVESTMENT IN VINYL GROUP
It was a conversion of debt to equity - unsure if VNL saved...
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11.5¢ |
Change
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Open | High | Low | Value | Volume |
11.0¢ | 11.5¢ | 10.0¢ | $13.71K | 124.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 127361 | 11.0¢ |
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Price($) | Vol. | No. |
---|---|---|
12.0¢ | 82081 | 1 |
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No. | Vol. | Price($) |
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1 | 127361 | 0.110 |
3 | 117173 | 0.100 |
1 | 20000 | 0.097 |
1 | 50000 | 0.095 |
2 | 105434 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 82081 | 1 |
0.125 | 16160 | 1 |
0.155 | 50000 | 1 |
0.160 | 20000 | 1 |
0.230 | 245026 | 1 |
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