Ann: Faria elects to convert Convertible Notes, page-32

I disagree with your second paragraph. Safe is relative to the return you anticipate. Let's not forget this is a sub $20m MC.

The US government is trying to approve a $1-3bn bill for education spending. It hasn't been finalised as it's politicised heavily. There's no doubt that this will accelerate spending on our type of service offering.

This is a 'medium term' hold as in at least until december to validate the speed of disruption occuring. The additional multipliers for a rerate will be added upon validation that this partnership will continue to pay dividends in performance over 1-2 years for long term holders. I also consider this one of the safer stocks to sit and come back to, as I understand what's happening thematically and financially.

Faria converting notes to shares signals a huge belief in their future share price value. It really is too cheap down here, or it may look that way soon enough.