sharetrader
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  1. #10
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,988

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    INteresting Alan, I may put an order in for some Notes today at 200% and see if there are any takers. Surely there will be? But buying notes now and getting discounted shares might be an interesting play.... Good luck to all noteholders that have them from the beginning. Please do change the composition of the board once you get control.

    Sorry just realised that 200% still means I fork out 90cents for a $1 face due to the time remaining. I guess you would need to buy at about 2000% to pick up the notes for 50cents or something. Still cant do that.... too far away from 85% range.
    Last edited by blackcap; 10-02-2011 at 01:56 PM.

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