RE: RNS14 Apr 2026 14:31
Actually a pretty encouraging RNS for me.
The 2.5p conversion price remains. It has not been reset anywhere near these current levels.
So at today’s price, the obvious fear of a cheap conversion and instant dumping falls away. Instead, we have bought some extra time, reduced the short term interest burden, and this likely confirms the CLN repayments will come from Mako divs.
Let’s see how the market reacts!
GLA