PDN 7.09% $8.65 paladin energy ltd

uranium surges, page-8

  1. 4,989 Posts.
    lightbulb Created with Sketch. 132
    hmmm....another insight..data below in their September quarterly update....the vast bulk of their total debt is in the form of convertible bonds that will eventually convert into equity a much higher price......the $300m convertible loan will convert into shares at 2.18 in 2017....and so on....


    As at 12 November 2012 Number
    Outstanding shares 836,825,651

    Issuable in relation to the US$134 million Convertible Bonds 20,542,695
    Issuable in relation to the US$300 million Convertible Bonds 53,495,007
    Issuable in relation to the US$274 million Convertible Bonds 125,114,155
    Total 1,044,228,226
 
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