They have to come up with $150k cash for the coupon the $1.5m coverts at a face value of 12cents a share, the degree of dilution is known. Management would be well aware of this for the update given. Not sure how this would be an issue for cashflow projections from management
Ann: March 2018 Quarterly Report & Appendix 4C, page-5
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $10.59M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $16.16K | 416.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 105242 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 200000 | 1 |
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| Last trade - 14.47pm 21/11/2024 (20 minute delay) ? |
| KNO (ASX) Chart |
