They recovered $3.4m of the term deposit. However this lending agreement reeks of desperation one can assume that the these funds were pretty much spent and solvency was an immediate issue. Otherwise they would have had 2 months of runway to get a better deal (bridging finance or alternative).
So that leaves the lending agreement we have. Which can only be drawn in 2 parts. $1.5m now - rest with a prospectus and an underwriting agreement.
$1.5m will last a month. Issue date 18/3. So this company has till about 18/4 to get this sorted, otherwise agreement defaults and AW owns dubber.
It would be really great if AW has a lot of associates who would like to make large commitments and therefore the raise would be a lot stickier and beneficial in the long run. I really hope for all of us this is what will transpire regardless of the price better alive than dead
- Forums
- ASX - By Stock
- DUB
- Dubber.Dubber.Do.
Dubber.Dubber.Do., page-7891
-
-
- There are more pages in this discussion • 477 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DUB (ASX) to my watchlist
|
|||||
Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.53M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.0¢ | $8.543K | 273.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 111518 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 75892 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 111518 | 0.030 |
8 | 1030866 | 0.029 |
3 | 350000 | 0.028 |
1 | 70000 | 0.027 |
1 | 400000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 75892 | 1 |
0.034 | 529075 | 4 |
0.036 | 424183 | 4 |
0.037 | 285000 | 1 |
0.038 | 19628 | 2 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
DUB (ASX) Chart |