i don't think we'll see a lot of conversion until higher prices. at this stage the oppies still provide great leverage into the stock .... key points for oppie sales will be on the multiples of .14 ... Thinking being that some might choose convert a portion of ops to convert all their ordinaries ...... window now opening around .28 whcih is why we've seen a few sellers come out of woodwork and try to get rid of a few above and below this level. Next window (should it get there) is at .42 ...(ords around .57) i think that's going to be a stretch until news arrives, but confident this stock will get there in next 12 months.
ISN Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held
