LNC
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0.00% 99.5¢ linc energy ltd

cornerstone investor - good and bad part, page-44

  1. danhold
    1,898 Posts.
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    12/12/13
    17:45
    Post #: 12694178
    My understanding is the convertible holders do not convert at $1.05 as the issue is less than $50 million.
    S the hut please read the announcement yourself
    The bond holders convert at $1.35 Aussie still a long way from $3.40 the original desk. PB was desperate to leave the ASX
    Why.... You'd have to. Ask him!
    LNC Price at posting: 99.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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