The notes have been in existence for 13 years with a 100% payment history. What US shale company has not been severely affected by the 70% decline in the oil price which no-one saw coming. Dividends have been slashed /ceased right across the board as companies go into survival mode. Do some research yourself instead of relying on the crap that gets posted here. the Directors have everything to lose and nothing to gain by not trying to get the best deal they can but the reality is they have no control over third parties. I cant think who ese will be more highly motivated to achieve a good outcome for note holders and shareholders than the MD.
AZZ Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held