The remaining shortfall of the last capital raise had me thinking too....
What if that becomes part of the deal? The deal refinances the old debt and the first 12 month worth of interest payments is prepaid with the remaining shares from the shortfall.
AJM would have one year with no cash interest payment
The lender gets prepaid in shares at a small discount to market price. The same notice of refinance increases the value of the shares the lender receives.....
The remaining shortfall of the last capital raise had me...
-
- There are more pages in this discussion • 231 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add 1MC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $18.04K | 7.339M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 131 | 192132484 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 50525839 | 92 |
View Market Depth
| Last trade - 15.57pm 25/06/2024 (20 minute delay) ? |
| 1MC (ASX) Chart |