LYC lynas rare earths limited

"like some above, convertible bonds a bit of a mystery to...

  1. 7,404 Posts.
    "like some above, convertible bonds a bit of a mystery to me"

    i've read the anns a couple of times and from what i can gather

    1. lynas has recieved $225M for issuing 225M bonds
    2. the bonds were issued for $1 each
    3. conversion price of these bonds is $1.25, which means that either an additional 25c must be paid to convert all the bonds into 225M shares,
    or if no additional payment is required, the bonds will convert into 180M shares.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$8.35
Change
0.010(0.12%)
Mkt cap ! $7.829B
Open High Low Value Volume
$8.31 $8.49 $8.30 $29.71M 3.534M

Buyers (Bids)

No. Vol. Price($)
28 21606 $8.35
 

Sellers (Offers)

Price($) Vol. No.
$8.36 13102 24
View Market Depth
Last trade - 15.23pm 03/07/2025 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.