I am not an expert regarding CN and Warrants but if IMU, which just got a CNW deal secured, is a guide then it seems to be a better option than a regular CR. At some stage the current balance of $4m held by the tax offices will be paid out, at latest by the end of this year, more likely by September.
Good to see 3 existing bigger sh being part of the deal, should prevent a sell down after notes got converted.
W2V got all it needs to get through that Financial Trough which is created by the way European Tax Offices operate. Unfortunately growing a company while having those regular, up to 12 months delays, are 2 things that don't match well. The problem is either to stop all activities and wait for the money and restart or get a financial bridge to get to the save shore on the other side. Amos & Co decided to continue to move ahead which I had done as well.
GLTA
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.59M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3432654 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1938360 | 4 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| W2V (ASX) Chart |
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