It would seem ELM's commitment to supporting CTO does NOT extend to providing the funds as specified under the agreement.
Event/Tranche Dates
Execute Bond Subscription Agreement 8 April 2013 ....PASS
Tranche 1 - $3 million 16 April 2013 .................PASS
Shareholders meeting 8 July 2013......................PASS
Tranche 2 - $7 million Conditions Precedent date
+5 Business days..............................DELAYED PASS
Tranche 3 - $15 million 8 October 2013................FAILED
Tranche 4 - $15 million 8 January 2014................FAILED
Tranche 5 - $15 million 8 April 2014..................FAIL ?
Tranche 6 - $15 million 8 July 2014...................?????
Tranche 7 - $15 million 8 October 2014................?????
Tranche 8 - $15 million 8 January 2015................?????
It would seem ELM's commitment to supporting CTO does NOT extend...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2791282 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 9056171 | 16 |
View Market Depth
| Last trade - 16.12pm 30/08/2024 (20 minute delay) ? |
| CTO (ASX) Chart |
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