@Vapor did observe: Great news, minimal dilution and now a clear runway.
Hmmm: so they get $1,350,000 allocation of shares at $22.91 - a little under 60,000 AVR, and take the remainder of their stake in convertible notes, also $1,350,000, in cash?
I suppose that's a textbook case of a bob each way. A 10% discount worth having, but not worth having it all.
So logically, with this liability off the books, the runway should be clearer.
Logically.
Fun times I guess.
(don't hold, sold out a while ago for imperative liquidity in Real Life. Trying to gather pennies to re-enter.)
@Vapor did observe: Great news, minimal dilution and now a clear...
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Last
$6.20 |
Change
0.290(4.91%) |
Mkt cap ! $96.09M | |||
| Open | High | Low | Value | Volume |
| $5.93 | $6.20 | $5.91 | $13.21K | 2.194K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1946 | $6.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.37 | 1687 | 2 |
View Market Depth
| Last trade - 11.06am 27/06/2025 (20 minute delay) ? |
| AVR (ASX) Chart |