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Ann: Algae.Tec Secures Funding to Fast Track Developments, page-15

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  1. Surandy70
    6,736 Posts.
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    08/06/18
    20:36
    Post #: 33607429
    So details on the convertible notes in appendix b, heaps of dilution as anticipated. Didn’t scroll far enough on my break at work today.

    More cash to keep paying the family.

    $10m appears to be for new shares in the spinoff company but the level of dilution to existing shareholders is not provided.
    AEB Price at posting: 2.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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