Next move from 'Gav'....(if any).....will be a Con Note.....imo
Convertible at .005c per share........ in 2 years time....raising $100m..... so 20b new shares....Ouch
Paying 10% Interest.....
Keeps Meridian 'in the game'.....at expense of all other holders....
And importantly.... under the 19.9% ....t/o threshold...... for at least the term of the 'note'....
Con Notes are a Meridian speciality...imo
Szaba will love that ;-)
DYOR
Next move from 'Gav'....(if any).....will be a Con...
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Last
46.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.50M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 46.0¢ | $99.06K | 215.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 229445 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 51117 | 3 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
46.0¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 46.5¢ | 46.5¢ | 46.0¢ | 50638 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| FAR (ASX) Chart |