Also, wouldn't it make sense for them to convert now if they are...

  1. 395 Posts.
    Also, wouldn't it make sense for them to convert now if they are certain the price will be going up soon? So they can convert at a lower price and maximise their return?

    Perhaps they are going to hold a good chunk of it until the auction?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.