NHC 1.92% $4.78 new hope corporation limited

News: NHC New Hope Says Launched An A$150 Mln Senior Unsecured Convertible Notes Offering Due 2026, page-6

  1. 136 Posts.
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    NHC CEO
    “We look forward to welcoming a new group of global investors to New Hope
    WHY
    As a LTH (ineligible for placement) and at a delta placement of $2.00 (100m shares) that
    is around 13% dilution of my shares
    For that price i would like to know what the global investors are bringing???
    Mindful of the fact that the conversion price would be $2.50-$2.75 or 2026--this i could live with
    Im jealous-this placement will be smashed and WHSP wont have to touch one of their shares
    LTH should be made eligible

    sideliner-unsure what you mean
    WHSP and MIlton have always been top 20 shareholders in NHC and WHSP have always owned Milton

 
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