You must be disappointed, share price went up after second conversion.so why should it be any different for future ones, especially as the latest Fosters Research analyst report predicts 23c 12 month target based on TOTAL conversion of All Bonds. That is also based on NdPr price of $48 and it is currently much higher than that.
Based on current NdPr price they predict could reach 40c after ALL bonds converted.
You made a good profit anyway, so I'm sure you won't say "if only I hadn't sold at 18c" if it gets to 40c
Ann: Partial Conversion of Convertible Bonds, page-34
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