LNC linc energy ltd
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Can anyone please explain what this is and how did it come to...

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    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
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    lightbulb Created with Sketch.  Great analysis
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