Given Tulla can be repaid in cash or shares and QMN have no such cash, it is liekly that the repayment in shares would be the chosen method.
For Tulla, it would not be in their interest to see the share price rise so dramatically so close to their repayment date given the substantial reduction in the number of shares that would be payable (say 50% less shares at this price?).
I watch with interest leading into the next meetings and also the forthcoming repayment date
QMN Price at posting:
6.2¢ Sentiment: Hold Disclosure: Held
