I'm not sure what the issue with the convertible note is by very nature the investors at the time took a gamble with this unsecured loan/note. They could have lost it all as well ? Anyone could have bought on market at the time of the pandemic for 1c a share. The company needed the cash and If they had to do a capital raise at the time they may have had to issue at 0.7 or 0.8c as share diluting even more
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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8 | 5499999 | 0.004 |
10 | 18775595 | 0.003 |
7 | 45750000 | 0.002 |
3 | 51300500 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 5430177 | 6 |
0.006 | 7178206 | 8 |
0.007 | 6301142 | 4 |
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