Ideally (from a shareholders perspective) with the current situation, the bonds would be redeemed rather than converted. Particularly given the $0.49 conversion rate. That said, there's more to it than shareholders interests. Though I see a HUGE benefit to Managements market credibility (which would be reflected in SP) if they did redeem, in reality chance of redemption is slim to none. It's a big call to burn your bond holders...
Ann: 2021 Notice of Meeting, page-5
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
69.0¢ |
Change
0.010(1.47%) |
Mkt cap ! $132.0M | |||
| Open | High | Low | Value | Volume |
| 68.5¢ | 70.0¢ | 68.5¢ | $3.228K | 4.676K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9546 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 7205 | 3 |
View Market Depth
| Last trade - 10.33am 18/09/2024 (20 minute delay) ? |
| BRL (ASX) Chart |