Lately if you payed attention to the "VOLUME", GDSM has not traded 4 to 5mm per day?? When and if someone is converting shares as you state, you think, that they convert and sell immediately? And the announcement has not been made public of the E shares, as to the reason for the issuing and has not stated who received the shares and for what purpose. So your "PSYCHOLOGICAL" and "FACTLESS" interrpatation of the situation as it trades, does not hold "WATER".