LNC
Click for more information
0.00% 99.5¢ linc energy ltd

In the event the debt is repaid by issuing new equity it means...

  1. szaba_the_hut
    14,120 Posts.
    lightbulb Created with Sketch. 705
    clock Created with Sketch.
    14/04/15
    14:14
    Post #: 15084652
    In the event the debt is repaid by issuing new equity it means dilution of existing holders equity.

    The lower the conversion price then the more new shares need to be issued to settle the outstanding debt hence greater dilution of existing equity.

    If Linc are cashed up they can settle with cash and avoid dilution - they did $50M of that in January....
    LNC Price at posting: 99.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

MND Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
right-arrow Created with Sketch.
POL Polymetals finalises acquisition of Endeavor silver-lead-zinc mine in NSW's Cobar Basin
right-arrow Created with Sketch.
AVH Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
right-arrow Created with Sketch.
GML Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
right-arrow Created with Sketch.
CPV ClearVue shares up 15% as it inks deal to enter Middle East and Indian construction markets
right-arrow Created with Sketch.
LML Lincoln repositions Kookaburra for low-cost graphite delivery
right-arrow Created with Sketch.
watchlist Created with Sketch. Add LNC (ASX) to my watchlist

Currently unlisted public company.

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