ASR 21.4% 0.6¢ asra minerals limited

Ann: Trading Halt, page-51

  1. 1,282 Posts.
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    My opinion only. Seems to be yield driven. 12% plus the OB options at no cos. I calculate this to be easily 20% plus.

    Still I do hope there is some good news coming as in 12 months the notes have to be repaid at a cost of $2.5 million, or the interest rates go up to 18%.

    I very much want the OB options in the money by next November.
 
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