MNB 2.90% 7.1¢ minbos resources limited

Ann: Minbos Reaches Performance Milestone , page-14

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  1. 3,947 Posts.
    lightbulb Created with Sketch. 67
    once again a vital piece of information hidden in a report

    this is from the half year report and relates to the finance facility from Lind

    "Generally, the conversion price for the monthly subscription amount will be a price 91% of the average of three consecutive Volume Weighted Average Price (VWAP) selected during the 20 consecutive trading days immediately prior to the conversion date which is 28 days from the date that funds were advanced, with a minimum price of 4.5 cents"

    first time I have ever seen a minimum price disclosed. Certainly relevant when its trading at 1.8c
 
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Last
7.1¢
Change
0.002(2.90%)
Mkt cap ! $51.83M
Open High Low Value Volume
6.9¢ 7.2¢ 6.9¢ $111.0K 1.576M

Buyers (Bids)

No. Vol. Price($)
1 1000 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 424789 2
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