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Armillary Private Capital
23-06-2011, 11:25 AM
Irongate Bonds commence trading on Unlisted today

Irongate Property Limited (in Receivership) has listed its bonds on the Unlisted market alongside its ordinary shares.

The bonds commence trading today and investors are able to trade these through their broker.

Newman
24-06-2011, 09:32 AM
Irongate Bonds commence trading on Unlisted today

Irongate Property Limited (in Receivership) has listed its bonds on the Unlisted market alongside its ordinary shares.

The bonds commence trading today and investors are able to trade these through their broker.

I think most bond holders do not know how to sell their bonds on unlisted market.

Bidding price now at 35 cents, higher than the 30 cents offer from an Auckland-based company.