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.
NHC Price at posting:
$4.37 Sentiment: None Disclosure: Held
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)