Quote Originally Posted by Enumerate View Post
In fact, my view now is that conversion to shares is the best path forward.
Isn't that really the only option.
One one hand you can lock your money in at 6% for five years with no guarantee you'll get your money back in 2016 and an environmental where interest rates are sure to rise.

Or by default you end up with a pile of ordinary shares. If thats you're option then you are at the Mercy of those who are going to manipulate the price in that Feb / March period. At the moment you have an $11m company spread amongst 76.6m ordinary shares. At the end of this aren't you still going to have an $11m company but spread amongst a squllion shares?

And the silver lining is?