Sharecall,Well it may seem that i don't. I hate reading PDS's...

Sharecall,

Well it may seem that i don't. I hate reading PDS's you need to be a lawyer with ten years experience to even start making sense of the contents page. I gave that example as an example. But going through it quickly and looking at the main key features, a few things stand out that highlights the risk involved. Firstly i would steer clear or complex instruments, anything that requires a formula or formulas to work out its value. Not the last two points on the following list, why would you invest in something where your timing of exit of it and the method at which you exit is completely out of your hands. Like is said maybe some of you hybrid holders should have gotten better financial advice prior. Hopefully things turn around for you and you get back your money and if it doesn't let it be a costly lesson.

An investment in PaperlinX SPS is not an investment directly in PaperlinX. PaperlinX does not guarantee the payment of Distributions on PaperlinX SPS or their capital value and/or performance as an investment.

Perpetual with no maturity date - Holders may request Realisation of PaperlinX SPS following a Change of Control Event, but in no other circumstances.

PaperlinX may cause the Issuer to Realise PaperlinX SPS in the following circumstances:

-on a Periodic Remarketing Date (irrespective of whether a -Remarketing process has taken place);
-on any Distribution Payment Date if the Step-up Margin applies;
-following an Acquisition Event;
-following an RE Removal Event or a Trust Winding Up Event;
-following a Tax Event, Regulatory Event or Accounting Event;and
-if the aggregate Face Value of PaperlinX SPS on issue is less than $50 million.

PaperlinX elects how PaperlinX SPS are to be Realised –