InvestSMART

Global Masters Fund Limited (ASX:GFL)

ALERT: Price-sensitive ASX Announcement for GFL
Current share price for GFL : $2.890 -0.68 (-19.05%)+
Announcement
Release
15 Jan 2026 11:24AM
Price at Release
$3.570
Full Release
download
Summary
The GFL Notes Quarterly Report for December 2025 confirms Global Masters Fund Limited's compliance with the terms of the convertible notes, the Trust Deed, and the Corporations Act 2001. The report highlights that there were no circumstances during the period that could have triggered immediate enforceability or material prejudice to the issuer or the note holders. The Conversion Price of the GFL Notes remains unchanged at $3.10, with 303,665 notes converted into ordinary shares during the quarter. The Loan-to-Value (LTV) ratio as of 31 December 2025 was calculated at 9.36%, based on a total debt of $8,299,993, cash and cash equivalents of $2,625,543, and a market value of securities of $60,601,858. No substantial changes in business operations or significant liabilities were reported. The company also affirmed its adherence to financial reporting, audit obligations, and continuous disclosure requirements.
Key Points
  • Compliance with terms of Notes and Corporations Act 2001 confirmed.
  • No circumstances for immediate enforceability or material prejudice noted.
  • Conversion Price of Notes remains $3.10; 303,665 notes converted.
  • LTV Ratio as of 31 December 2025 is 9.36%.
  • No substantial changes in business operations reported.
  • Adherence to financial reporting and audit obligations confirmed.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.