Strange growth of new leaf

[foxtailskies]

My poor beleaguered Odontoglossum is FINALLY starting to put up a nice new pseudobulb after several failed attempts, but now I've noticed that the topmost leaf on the bulb, the nice pretty one that defines the plant, is coming in really strangely. It's really hard to photograph due to the angle but I did my best here... the base of the leaf is folded back down over the bulb about 1/2", then comes back up into the rest of the leaf. That would be fine, but it also grew in almost torn, with a gash extending halfway across the leaf base and (as far as I can tell) nothing coming in underneath it. What on earth happened?! And how will this affect the bulb's growth? Will it still flower someday?

Here are the pictures (I hope they upload OK!)