If you owe the bank $100,000 & can not repay it, you have a problem - if you owe the bank $35 Mil & can not repay it, the bank has a problem.
I hope that is the case. Hard to see security over the assets being a good option for them to call in the debt, so much is IP, could it be sold on or is it better to find a way for EOS to stay solvent until some decent contracts land.
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Ann: Update on Financing - Further Extension, page-2
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Last
$1.26 |
Change
-0.050(3.82%) |
Mkt cap ! $243.1M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.26 | $358.3K | 278.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 488 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 1036 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.26 |
Change
-0.050 ( 4.69 %) |
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| Open | High | Low | Volume | ||
| $1.30 | $1.32 | $1.26 | 25042 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| EOS (ASX) Chart |