I never properly understood the complex convertible notes issue but it was condemned by a few on 'HC', so perhaps today is a polite admission by Mr Robert Millner and co. that (in a rare event) they were incorrect to launch these notes.
However it's great that they admit mistakes and rectify them.
A model for politicians trying to nationalise our vital natural gas subsector.
Mr Millner has my respect. Various politicians do not.
Ann: Update - Liability and Capital Management, page-3
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