Ann: Telix Announces A$600 Million Convertible Bonds Offering, page-37

I like to keep these things simple -

Long term - if I had 600m I would be giving it to CB in return to buy company equity in 2029 at a 30% premium to current price. Accelerating and increasing growth in a competitive market rewarding first movers, to me it’s a no brainer, the ROI on these funds should be exceptional. Price will be double that easily if they can execute the plan, execution has been proven historically. This is a great deal for Telix and the investors.

Short Term - historically share prices have dropped on these sort of announcements so I expect that to happen this morning, however in saying that and given the strength of Telix and their growth trajectory, I think this will be short lived and a potential buying opportunity.

Cheers