By Tom Winnifrith | Tuesday 22 March 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The Mercator death spiral, can be repaid in cash or at Supply@ME Capital’s (SYME) option by being swapped into a convertible loan note. The total repayable is now £7.7 million repayable in 12 monthly instalments from inception. To date Supply has made 3 full repayments and one partial repayment as set out below: