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Tuesday, February 27, 2024 5:58:32 PM
This month the instalment added around 800k shares to the float
That’s only 40k shares per day to absorb
That’s like 5% of our volume today
Bottom line, there is plenty of daily volume to absorb the instalment conversions during March and run it and the higher the pps the less number of shares needed for the instalment
You worry too much lol
PS: assuming the company did not opt to pay the instalment in cash at 107% …
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