NRZ
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0.00% 1.3¢ neurizer ltd

Ann: Update on status of Final Feasibility Study, page-38

  1. relaxed
    644 Posts.
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    28/02/24
    22:07
    Post #: 72656701
    The deal was effectively a hybrid security.
    Which are not called death spiral debt for no reason.

    And that's what happened here.
    The lower the shareprice, the more shares had to be issued.
    Which were immediately sold - leading to a lower shareprice, and even more shares to be issued.
    And the cycle repeats.
    NRZ Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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