RE: Karl Biggest Blunder!14 Apr 2026 19:41
So drawdown of £2.5m was 4th December. Interest and monthly amortisation of £250,000 to start 60 days after drawdown.
My understanding is, that for main market LSE listed entities, the RNS has to be issued the same day the shares are admitted for trading.
So far no RNS's notifying conversion. So right now, no shares have been issued as far as we know.
Based on this, the hypothesis below is that YA, which currently holds no shares (yet) is manipulating the price of this share, so it can sell shares it currently doesn't own.
Have I got that right?