Wednesday, May 18, 2022 1:36:19 PM
It is illegal to take out a convertible loan without having the shares in the AS to convert them. So, the shares had to be added because there were not enough shares left in the AS to support their way of business.
It will remain like this until NSAV makes enough money to pay off its loans with cash.
There will be no buyback for the foreseeable future. You don't buy back shares with borrowed money and then give them back at half price.
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