SMN 2.78% 37.0¢ structural monitoring systems plc

It's still adding 2% of the register, at a big discount to...

  1. 649 Posts.
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    It's still adding 2% of the register, at a big discount to close, and a huge discount to last raise when good news is supposedly imminent. Wouldn't have thought a convertible would be hard to pitch here, pay a decent but not outrageous coupon with the right to convert if the share price rises on approval.

    Instead a sweetheart deal to the nearest and dearest. I would love to know who participated...
 
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Last trade - 16.10pm 17/05/2024 (20 minute delay) ?
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