LNC linc energy ltd
Add to My Watchlist 0.00% ! 99.5¢

embedded derivative

  1. LNC-Link
    1,166 Posts.
    lightbulb Created with Sketch. 525
    clock Created with Sketch.
    15/02/14
    13:07
    Post #: 12940036
    Can anyone please explain what this is and how did it come to cost us an additional US$40million?

    "Terms under the USD$200 million convertible notes were also renegotiated during the period. At 31 December 2013 the embedded derivative component of the note was fair valued at AUD$59.7 million (USD$53 million), an increase of AUD$45.5 million (USD$40 million) which has been recognised at fair value through profit and loss as part of other financial instruments expenses."
    LNC Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS New targets and high-grade intercepts drive Bullabulling drill expansion
right-arrow Created with Sketch.
LM1 High-grade targets in focus as drilling begins at Evanston
right-arrow Created with Sketch.
NEWS Strategic investment secured for QLD and NSW bauxite projects
right-arrow Created with Sketch.
NEWS Askari sells Burracoppin Gold Project to Forrestania Resources
right-arrow Created with Sketch.
NEWS New channel sampling confirms further copper at Graceland, Namibia
right-arrow Created with Sketch.
NEWS Drilling to commence at FAU’s Gimlet high-grade gold project following approvals
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.