AJQ 3.13% 3.1¢ armour energy limited

I assume the drag on the share price here is coming from the...

  1. 4 Posts.
    I assume the drag on the share price here is coming from the convertible notes - roughly the same notional outstanding as the current market cap, at a chunky 15%, maturing in just over one year - any ideas on how they intend to fund the repayment if the stock stays below 0.11? Presumably Carnegie get the company......
 
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Currently unlisted public company.

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