RE: Loan18 Apr 2019 08:31
This is very interesting as now two conversions at 10 p per share .. much higher than current SP
So this can have two outlooks.
1. They know the company is doing great and are happy to move into shares as the share price will imminently be much higher than their conversion point (so getting better return on their loan). (BUt then one asks why not just buy in the market now at the lower price)
Or
2. They are worried about their loans, and can’t get out of the loan until maturity .. so converting to shares to enable them to sell.
Questions people ... which one is it
Bloody AIM