ALZ
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0.00% $4.46 australand property group

aazpb, page-30

  1. watford
    2,123 Posts.
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    11/04/09
    12:29
    Post #: 5004203
    danny and abobo
    Correct me if I am wrong please but my understanding is as follows:

    "AAZPB will pay 4.8% over BBSW until they decide to either redeem or convert."

    As some point BBSW plus 4.8% will become expensive versus other financing but this may be a couple of years away at earliest
    ALZ Price at posting: 29.8¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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