AZZ
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0.00% $7.50 antares energy limited

I think the fact that the deal is structured this way indicates...

  1. tt2000
    4,723 Posts.
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    09/03/16
    13:59
    Post #: 17227972
    I think the fact that the deal is structured this way indicates that JC is trying to do what most creates value for shareholders (given his shareholding) and is willing to risk administration to 'call' noteholders.

    But I think he underestimates institutional investor's understanding of risk/return....
    AZZ Price at posting: 50.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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