Just my thoughts on this announcement.
I think there is a 'fair chance' (NOT certain) that PGY will be paying the total debt owed to TEG by the end of this month as PGY will have money available from:
- The At The Market (ATM) subscription agreement provides Pilot with up to $7.5m of standby equity capital from 8 August 2024 (none of this has been drawn down as yet); and
- Commonwealth grant funding of $3m was received on 27 August 2024.
GLTAH.
Ann: Trading Halt, page-20
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $14.56M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $20.33K | 2.917M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 15424603 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 910519 | 3 |
View Market Depth
| Last trade - 15.35pm 13/11/2024 (20 minute delay) ? |
| TEG (ASX) Chart |