The bonds are converted at a higher price and Paladin have the option to buy them out if the SP is higher so not materially dilutive.
Paladin has a great asset in LH which it has sold 25% of but also has a host of fantastic growth options in the U space. Unrivaled on the ASX and has KL on C&M which can be turn key and go in a short period. Huge upside imo and will fly along with the U price.
Ann: Convertible Bonds Cleansing Notice and Offering Circular, page-8
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Last
$10.09 |
Change
0.190(1.92%) |
Mkt cap ! $3.016B | |||
| Open | High | Low | Value | Volume |
| $10.16 | $10.19 | $9.99 | $15.71M | 1.562M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1986 | $10.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.10 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |