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
- Forums
- ASX - By Stock
- LNC
- convertible note
convertible note
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)