The con note was an appalling decision from management -- when the SP was comfortably in the 40s they should have done a straight placement in the low 40s/high 30s (off the back of the Tesla Ann would've been smart) if they needed cash.
Unfortunately, we are where we are and it is what it is.
Notwithstanding the languishing SP, I am confident MNS will resume its upward journey and these levels will be a very distant (and unpleasant) memory -- IMO this is a great opportunity to top-up, even a return to 40c from here is +166% from 15c! I am filling my boots at these levels.
Although the SP has gone down and we have been diluted the company continues to progress on a number of exciting fronts and the long term fundamentals have not changed.
GLTAH!
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