The timing of todays announcement - did they construct this presentation over the weekend (instead of having a long weekend off) or could they have released this earlier rather than wait until the 5 day Vwap SP hammering for the con notes holders.had finished ?
Anyway whats done is done - now the sudden increase in holdings of the con note holders is a guaranteed windfall if they simply sell them and return to their original holding positions prior to the notes maturity - free hit - there would seem a P & D is now in order to allow the fast dispatch of their "newies" rather than dribble them into the market over time suppressing the SP for a while.
Lots of good news to come so lets get this behind us and move onto the main game - so we can all make some money !!
Cheers
HMD Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
