I would think that at some point the company will try and persuade the bondholders to turn their bonds into some form of equity.Right now that would probably be a good result for bondholders.
Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China
MKT The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint