DD, the LJ story is a sad one with numerous examples to the downside. Convertible notes are the demon for any co. who cannot outgrow the dilution in capital due to the C/Note.
Despite all the rhetoric, EDE is one of those who thinks they can. SP 'might' recover once LJ exits following 100% conversion if EDE is then in a position to standup on their own. That could be 1-2years away depending on if EDE can pull off these purported sure things.
Are there any examples of LJ/convertible notes that have worked in favour of the SP?
Am curious.
DD, the LJ story is a sad one with numerous examples to the...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.427M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $2.914K | 1.456M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 196586450 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 7419803 | 12 |
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| Last trade - 13.52pm 26/07/2024 (20 minute delay) ? |
| EDE (ASX) Chart |