TER 2.33% 21.0¢ terracom limited

Ann: Euroclear Bond Debt Reduction Update, page-20

  1. 1,634 Posts.
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    My biggest concern with the lack of clarity on other debts, is that should a number of larger investors get wind of actual debt reduction being better than what's being released, then why would they not do a hostile takeover at say 30c and get TER at a fraction of its worth?
    I don't have to remind UNV holders of this scenario.
 
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