Hmmm, I’m guessing they have to present all options to the share holders right?
the first option would be to go through with the $7m convertible note option and do a cap raise.
this option, is a proposed transaction so may also be another path the company could take. Merge or be acquired by someone else. Could be an Australian or us based company listed on an exchange hence why the delisting option that would go with the merger.
SPT Price at posting:
7.6¢ Sentiment: Hold Disclosure: Held
