What do convertible notes convert into?
Equity of course. But at a price far far less than you will have paid for it. And in the meantime its interest bearing. So any upfront cash received in these so called mega-deals with Roche and AZ is just gonna get burned up in interest repayments.
But don't worry, these phylomers are just the ticket to untold wealth and happiness...but for who?
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Last
$1.36 |
Change
0.005(0.37%) |
Mkt cap ! $793.2M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.40 | $1.36 | $211.9K | 152.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4103 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 2028 | 1 |
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| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| PYC (ASX) Chart |