Well I may be wrong, but the amount equals about 154m aud, conversion price was 4.092, so that would be up to 37.6m ords, aboout 11% of MC. Suspect bond holders prefer bonds over equities, but hard to pass up a $45m profit.
Why didn't WEB approach somebody else and leave these notes in place? Maybe they needed the $45m profit (29% ish) carrot to get the deal over the line? Exy finance if I am right.
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Last
$6.97 |
Change
0.050(0.72%) |
Mkt cap ! $2.714B |
Open | High | Low | Value | Volume |
$6.96 | $6.99 | $6.89 | $2.062M | 296.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 2785 | $6.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.97 | 1665 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1042 | 6.960 |
28 | 9733 | 6.950 |
20 | 10570 | 6.940 |
12 | 6146 | 6.930 |
13 | 21476 | 6.920 |
Price($) | Vol. | No. |
---|---|---|
6.970 | 3672 | 18 |
6.980 | 8423 | 15 |
6.990 | 137015 | 15 |
7.000 | 11653 | 19 |
7.010 | 10409 | 6 |
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