The Convertible Note broken down, page-20

Yes, some more was converted yesterday, as per the summary table in my post above. Its probably wise to at least read the announcements and familarise yourself with Appendix 3B's and the info they contain as they can often contain very important information even if its a boring or difficult to make sense of.

While the price did close up 6% yesterday (which is a pretty good day in anyone's book!) there are probably several reasons it didn't close on its intraday high such as:

1) some selling by Arena
2) selling by profit takers
3) DT's selling in anticipation of a pullback (which hasn't yet materialised despite being anticipated several times in the last week or so)
4) just not enough buyers on the day to absorb more than the available supply
5) and lots of other possible reasons... (probably none relating specifically to adjusting valuations based on dilution though)