$1.68 is the sold price for borrowed stock.
This should be top up price. NHC share price exceeds $2.10 bond holders get bonus payment in shares of 2.75 percent conversion in 5 years.
If NHC is astute with acquisition bond and shareholders win if NHC blows money away bond holders and shareholders lose.
Who benefits from Delta placement? Get instos who sell shares above $1.68 for quick profit to fund the bonds they bought. They win again long term if NHC rises in value. Catch is they must return borrowed stock what do they pay SOL and when is return date and lending costs?
Ann: NHC Sucessfully Prices A$200m Convertible Notes, page-3
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$3.72 |
Change
-0.020(0.53%) |
Mkt cap ! $3.144B | |||
| Open | High | Low | Value | Volume |
| $3.75 | $3.79 | $3.71 | $9.411M | 2.519M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12000 | $3.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.73 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| NHC (ASX) Chart |