RE: RNS - Conversion of Convertible Loan Notes25 Feb 2021 21:31
You have to be scared/worried.
It is clear Mint are not long term holders but simply will look to convert to shares and pre sell or sell into the market.
Mint made a profit of £163,150 approx on the sale of the 13m and will be able to convert at will going forward (subject to conversion terms)
So, in effect, the shares now have an overhang of £11.35m hanging over.