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Message Boards Settings Sterlite Industries India Ltd. (SLT) - Quote Info
info on the note     16-Oct-09 06:58 am    
there wont be any dilution till it hits 23.33. also considering this thing will more than double their revs and profits i still think they will be considered under valued in the coming quarters. it will fall back for a bit now but should easily recover. might take 3 months maybe even more if the markets overall pull back



Sterlite said the notes carry a coupon of 4 percent and mature on Oct. 30, 2014 and can be converted into American depositary shares at $23.33 per share, a 26 percent premium to their close on Wednesday in New York, where they slid 10.5 percent to $16.62, their lowest close in nearly two weeks.
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jon_naum

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info on the note
jon_naum Not rated 16-Oct-09 06:58 am  
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Sterlite Industries India Ltd. (SLT)

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On Dec 23: 18.19 0.00 (0.00%)
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