from the fin review this morning
US-based hedge fund Mt Kellett Capital Management is understood to be considering converting its debt into Lynas equity at about 10¢ per share, which would deliver it a substantial stake in the $190 million miner.
Mt Kellett has been involved in Lynas since January 2012, when it gave Lynas $US225 million to fund the first phase of its Malaysian plant.
In return, Mt Kellett received $US225 million of Lynas convertible bonds, and hold the
from the fin review this morning US-based hedge fund Mt Kellett...
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$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
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