They have had 5-6 years to repay them,with some being bought at around 4c. There has been plenty of opportunity to sell a few of those to cover the rest.There was no need to leave it until the expiry date.We've managed to pay PB north of $2M in that time out of our pockets,so personally I'd like to see the shares cancelled and them off the register to more accurately reflect their support for the company.
Ann: Annual General Meeting Presentation, page-73
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