The deal is convertible note with free attaching listed options to raise up to $3.5m
convertible note terms are:
Conversion price - 3.5c at any time at the election of the noteholder
Interest rate - 12% pa, paid quarterly
Maturity- note repayable in cash at maturity date, maturity is 12 months from date of issue, estimated expiry would be dec 2023
Note holders will receive 12 listed options, ASROB per $1 of notes invested.
Watch the CR participants now dump the free ASROB’s and hold onto the convetible note. This will have a strain on the options.
So we will see 42m ASROB’s issued under this convertible note deal, assuming they raise $3.5m
Not a great deal as far as massive dilution goes for existing shareholders!
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.22M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $20.02K | 3.337M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 241693 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 11894732 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 241693 | 0.006 |
8 | 20604106 | 0.005 |
9 | 7386262 | 0.004 |
10 | 7946986 | 0.003 |
8 | 8750101 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 11894732 | 10 |
0.008 | 4122035 | 10 |
0.009 | 4400000 | 4 |
0.010 | 1675000 | 4 |
0.011 | 2622000 | 3 |
Last trade - 15.13pm 23/08/2024 (20 minute delay) ? |
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