Hi Watfort,
I just bought 500 AAZPB at $86.60.
So I will be interested to see the outcome of the "Step up" process. Its seems the worst is that I get locked in to a fixed interest indefinate investment at a pretty good rate.
The underlying ALZ share price is recovering slightly - so conversion to ALZ may be OK too.
I looked at GNSPA as well, but very few on offer.