How can an Investor Roadshow results in debt? Yep debt is a dirty word for some but a great tool for others to progress. WHAT? WHEN? WHY? and WHO? are the questions to ask.
What - It is a convertible note, yes it is a debt but can be converted into shares. If it remains a debt, be paying interest of around 8% of the funds used or if XPED elects to convert the debt into share, the creditor in this case would be paying a premium of 20% of the market price at the time of conversion or at a minimum of 5c before maturity.
When? - No definite day but will be given more details hopefully during the AGM.
Why? - Might be a better proposition than the CR from sophisticated investors at 2.9c
Who? - More details to follow.
Still awaiting answers to 3 questions, but please DYOR
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Last
6.5¢ |
Change
0.001(1.56%) |
Mkt cap ! $1.754M |
Open | High | Low | Value | Volume |
6.4¢ | 6.5¢ | 6.4¢ | $1.946K | 30K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14135 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 2294 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14135 | 0.060 |
1 | 100000 | 0.059 |
1 | 82000 | 0.055 |
1 | 55000 | 0.053 |
1 | 100000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 2294 | 1 |
0.095 | 20000 | 1 |
0.105 | 1524 | 1 |
0.175 | 22450 | 1 |
0.180 | 30000 | 1 |
Last trade - 10.52am 19/11/2024 (20 minute delay) ? |
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