can someone please help me understand how these capital notes work?
I understand that for these you receive interest paid quarterly, but not sure what is meant by:
"MCN7 will Exchange into MGL Ordinary Shares on 15 December 2034, subject to the Exchange Conditions being satisfied, unless the MCN7 are Exchanged, Redeemed or Written-Off earlier".
Does this mean they will convert to MQG shares in 10 years time, all going well?
can someone please help me understand how these capital notes...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$213.78 |
Change
-3.600(1.66%) |
Mkt cap ! $81.47B | |||
| Open | High | Low | Value | Volume |
| $213.89 | $215.57 | $212.71 | $139.0M | 647.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15 | $213.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $213.88 | 117 | 1 |
View Market Depth
| Last trade - 16.13pm 01/08/2025 (20 minute delay) ? |
| MQG (ASX) Chart |