What sold shares? You assume a lot with your posts. I work in the realm of facts:
Total dilution to existing shareholders caused by the convertible note is 9.77% for a pitiful AU$3.0m raise.
As the SP has declined since January 2017 due to relentless selling from L1 Capital and XPE working together to announce Fake News upon each conversion to assist them selling into mug/punters/mum & dads. The dilution has increased upon each conversion making your shares more and more worthless.
Why bother selling.... is the question I ask you?
RR
Ann: Appendix 3B - Part Conversion of Convertible Security, page-56
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