given the low share price and the increase in sales and ebitda, I wonder whether one option is to seek out any of the creditors that may wish to convert debt to equity along the lines of that 275K for 7m shares planning to be issued for "Professional / Consulting Services"
I'd say that party offering those professional services is quite confident with respects to the likeliness of their "payment" having appreciated in value from the 3.5c issue price once they come out of escrow in 6months and 12 months time.
- Forums
- ASX - By Stock
- TIMBER!!
given the low share price and the increase in sales and ebitda,...
-
-
- There are more pages in this discussion • 149 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OJC (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.32M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
OJC (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, MD & CEO
Charles Armstrong
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online