RE: Do we expect SP to fall back...4 Feb 2025 09:30
Incorrect, they provided a bridging loan to the business which to my knowledge was not paid back. So whilst the warrants are nil par value, there is value in the money that was set to be repaid. This will be linked to the number of shares, so on that basis they won't be selling down here- in my opinion, but could be wrong. The evidence suggests they aren't selling down here though.