Sally
The last thing you want is debt which is convertible - let me explain why - for the debt holders they have a fixed capital position - the moveable feast is the stock price- the more they bash it down the more shares they get on conversion and the more money they make - convertible bonds are the kiss of death- we do not want them- I have yet to see a share appreciate once convertibles have been issued.
Sunrise...Financing the Mine, page-3
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Last
39.0¢ |
Change
-0.020(4.88%) |
Mkt cap ! $36.99M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 39.0¢ | $1.745K | 4.372K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1539 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 3818 | 3 |
View Market Depth
| Last trade - 14.05pm 29/07/2024 (20 minute delay) ? |
| SRL (ASX) Chart |