The capped call option is very cheap. The last time they did convertible notes was a disaster. One of the rare times where they were very stupid. Why? Because they didn't have capped call options to protect them, when the share price went up heaps. They paid a very heavy price. This option is cheap but it cost them (us) heaps to learn that lesson, so history doesn't repeat.
Ann: Presentation on Full Year 2024 Results, page-8
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Last
$5.07 |
Change
0.110(2.22%) |
Mkt cap ! $4.285B | |||
| Open | High | Low | Value | Volume |
| $4.96 | $5.10 | $4.96 | $20.74M | 4.097M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 52171 | $5.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.08 | 1588 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| NHC (ASX) Chart |