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KFL exercise is still some time away but MLN coming down to the wire. In the past there have been holders who exercise over the market price as well as those who don't even when the exercise price is considerably under market pricing.
Assuming no change in metrics between now and May any exercise at 118c will actually raise NTA as they'll get bonus cash in.
Insufficient diversification with the high conviction 'love-em to death' holdings strikes again.
Time will tell. The COVID drop was short-lived...
Last edited by SPC; 10-03-2022 at 05:00 PM.
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