PLT 0.70% 70.5¢ plenti group limited

convertible note issue, page-9

  1. TTH
    1,255 Posts.
    Hopefully there will be a number of big-news items to boost the SP around the time of the 2 waves of notes converting:
    - CerviScreen launch (expected in December, should be huge)
    - India sales (initial sales predicted around this time in the latest analyst report)
    - China & other sales
    - possibly more distributors signed up, and/or more information coming out such as projected forecasts (many of the new distribution agreements were going to do forecasts, not yet released) etc.

    No doubt there will be a significant level of selling, but hopefully there will be enough going on with the company to keep the SP heading upwards and bouncing back after each time the notes convert. You would also hope that most new holders would only sell part of their holdings, seeing the long-term potential of the company. Then again, I am an optimist.

    Cheers.

    p.s. Lemas, please keep on posting ... so that we can find out what else was said in your conversation with Ben (!)
 
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