I don't see MNS doing a CR before those options expire. Assuming a high conversion rate, what will the SP be then (after some profit-taking by the converters)?? Nobody knows. My guess is that it potentially could be a fair bit lower than the current SP, which will ultimately impact the issue price on a CR. I could go into potential dilution issues etc..
Anyhow, I wish you all the best and I hope you get the news that you're hoping for.
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