.055, but they have also issued a put option to the lender to sell those warrants back to the company at .25m at expiry. In effect another 10% of the value of the loan. Shees…","url":"https://www.strawman.com/forums/topic/8834","discussionUrl":"https://www.strawman.com/forums/topic/8834","author":{"@type":"Person","name":"Callum Moore","alternateName":"Seymourbutts","url":"https://www.strawman.com/members/Seymourbutts"},"isPartOf":{"@type":"WebSite","name":"Strawman","url":"https://www.strawman.com"},"description":"That's a lot of exy debt for a company that hasn't made a buck in almost a decade. Smells a lot like the CEO made a silly promise about no more cap raises and…","datePublished":"2024-04-23T09:28:09+10:00"}