RE:two more board members converted to shares in marchI am trying to understand the refinancing so I apologize in advance if this is a stupid question.
Looking in SEDI I can see that some insiders have converted their 2018/2020 debentures to common shares at a conversion price of 13 cents (US). The current share price is 9.5 cents (Cdn). Why are they converting now, at a premium?
tia