Is there an option ?
I don't think they have the cash to repay.
I am a little unclear on ramifications -- if there is not enough cash available to repay , then it will require conversion at a 12% discount to the VWAP.”.
The result is that Charles ends up with 3 million dollars worth of shares at just under 4 cents per share ?
Is there an option ? I don't think they have the cash to repay.I...
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Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.42M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35000 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 220584 | 2 |
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| Last trade - 10.02am 11/10/2024 (20 minute delay) ? |
| EM2 (ASX) Chart |
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