RE: 52 Week Low Date 07-May-20217 May 2021 17:09
If I am correct - please feel free to correct - Mint have £8.1m outstanding that can be converted into fresh Hemo shares.
I cannot see anything to stop them converting having forward sold into the market. There only issue is the markets appetite to take another 405,000,000 shares (£8.1m at 2p)
My guess is Mint are stuck in a hole themselves as they now must be realising that they may have lost a large chunk of money as surely they likely understand that they cannot continue to convert into shares.
I actually cannot see a way out for Vlad and Hemo except pay back the loan balance and swallow the costs.