PhosCo Ltd ( (AU:PHO) ) has provided an update.
PhosCo Ltd has announced an extension of the maturity date for its converting notes from March 15, 2025, to April 24, 2025, allowing for the completion of an entitlement issue. The interest rate on these notes will remain at 10% per annum, and the conversion terms, including the conversion price and options, remain unchanged, ensuring stability for stakeholders.
More about PhosCo Ltd
PhosCo Ltd operates in the financial sector, focusing on providing converting notes as a financial product. The company is listed on the Australian Securities Exchange (ASX) under the ticker PHO.
YTD Price Performance: -5.71%
Average Trading Volume: 77,736
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$19.02M
See more insights into PHO stock on TipRanks’ Stock Analysis page.