"MK are not in this to take Lynas to the cleaners"
You may wish to read up a little more about Mk's past record when it comes to taking a position, followed by a takover or exit.
They are at the end of the day a hedge fund.
They will absolutely exercise the option if it saves them 26% on every bond held....to convert.
Again, not too sure if it would be a classed a "non approval event"...but it sure smells like one.
foster stockbroking , page-47
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Last
$7.10 |
Change
0.060(0.85%) |
Mkt cap ! $6.580B | |||
| Open | High | Low | Value | Volume |
| $7.08 | $7.11 | $7.05 | $644.9K | 91.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 352 | $7.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.11 | 1394 | 9 |
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| Last trade - 10.07am 11/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |