Originally Posted by
Snoopy
My bonds are unsaleable are they?
Anyone buying a DPC bond off me will be able to buy DPC shares for 30c (The actual number of shares being calculated from the face value of the bond) in October 2016. As a bonus, while you are waiting, you will receive 9.0% interest (gross) on the face value of the bond. However if the share price goes down below 30c by October 2016, you retain the option of getting the face value of the bond back in cash in October 2016.
Now, how much would you Bunter, (or anyone else), pay me for say $10,000 worth of bonds at face value on those terms? (genuine question)
SNOOPY