MXG multiplex group

the best hybrid, page-4

  1. Beffa
    1,116 Posts.
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    08/04/09
    18:04
    Post #: 4996891
    Another one missed is possibility of a buyback at a discount to face value. At $33 the effective interest rate is 3x(BBSW + 1.9%) - which is currently about 15% rising to 23% in April 2010. If BAM can borrow money significantly cheaper that this then a buyback makes sense to them.
    MXG Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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