LYC 1.30% $6.25 lynas rare earths limited

LYC - My FY2018 Forecast, page-50

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    https://www.lynascorp.com/Shared Documents/Investors and media/Announcements and media/2016/161026 Amendments to Debt Facilities 1609212.pdf

    "On and from the effective date, the Conversion Price is reduced to AU$0.10, subject to the section of this Annexure headed “Anti-Dilution Adjustment”.

    "On and from the effective date the Conversion Amount is fixed at US$1 = A$(1 / 0.75)."

    Do math it is 2.67 B shares
    Not including warrants
    Last edited by ContraryJ: 11/08/17
 
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