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0.00% 99.5¢ linc energy ltd

convertible note

  1. Jedi
    28 Posts.
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    04/12/13
    15:11
    Post #: 12657319
    Why has no one mentioned the change in the strike of the convertible note? This is a complete disaster. The owners of the note at credit suisse will have to delta hedge millions of shares now like they did at 280. Looks like the change in exchange has triggered the change in the terms of the note.

    The first week could be UGLY
    LNC Price at posting: 99.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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