Another co being kept afloat with convertible notes.
Look and see what will happen if / when the notes are converted. Note holders have the shareholders over a barrell. Worse, you will find I suspect that the major holders of both are one and the same.
Pity the small s/holders.
As always only my amateur opinion. You must do your own research. I'd start with recent Pierpont articles (3) in the Australian Fin Review.
Cheers,
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