MOZ 0.00% 3.6¢ mosaic brands limited

Ann: MOZ - Market Update, page-62

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  1. 371 Posts.
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    Yes there is a significant chance of bankruptcy here, thats why such a large sell off.

    MAYBE the risk/reward in the equity, MOZ, is sensible but I doubt it. Forget about the pre-covid prices, thats not happening again.

    The convertible note trading at par is insane because in a bankruptcy scenario, there's $60m of CBA debt ahead of you and you'll likely get cents on the dollar.
 
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