Champ, Good call on GDO. As far as the bonds go, i was wondering if they were / still listed as i would like to look at the price / yield. I'm normally joe schmuck and don't have the connections and massive amounts required to get into primary bond issues and have to pickup listed stock most of the time. I was reading the trust deed and it was for the amount of 72m, 8.5%, 2012, which seems different to what I've read elsewhere? Dilution or otherwise isn't really an issue with current sp. This may be a brave call, but seems a little too good. Are there some big issues hidden away? I noticed a strike and of course we are talking about jb, where you fly in and hope you fly out again! Any comments appreciated, as i'm hoping for a small retreat in sp from the announcement and like to know the good and bad!
GDO Price at posting:
31.5¢ Sentiment: None Disclosure: Held