Does anyone have any idea at what price they would buy back convertible notes??
As i understand the holders of the notes are entitled to hold as long as they want unit expiry in a few years. So, to pay them out NHC would need to pay at least the current conversion value, i would have thought.
Value of notes outstanding is $107.9 million, so conversion would mean 62.7 million shares, based on the current conversion price of $1.72. At the current market price of $5.82 / share that would mean a payout of $365 million.
Like i have said a few times before, the worst timed convertible note issue in history.
Does anyone have any idea at what price they would buy back...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$4.32 |
Change
-0.040(0.92%) |
Mkt cap ! $3.651B | |||
| Open | High | Low | Value | Volume |
| $4.38 | $4.39 | $4.30 | $7.106M | 1.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 33998 | $4.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.32 | 148 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| NHC (ASX) Chart |