Yes there is a 10% interest payment on outstanding balances $3M pa over a 4yr term. But if they convert them to shares that obligation no longer applies. Maximum shares to concert is 137M much less if they had to do it at current market price.
Ann: SVL Secures A$30.2 Million Convertible Debenture Funding, page-13
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Last
9.4¢ |
Change
0.001(1.08%) |
Mkt cap ! $141.7M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.6¢ | 9.2¢ | $810.2K | 8.649M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 877734 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 171896 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| SVL (ASX) Chart |