Watford - thanks for that info about hybrids. I hold AFGHA, AHUG and AGIG and I am interested in buying others.
I have looked at the prospectus for ANZPB and GNSPA and find them very hard to understand. It seems that redemption, or exchange for underlying shares, may not happen on the reset dates (1Oct08 and Sep08)it is at the discretion of the company not the holder. The conditions seem similar for both and is possibly a generaly used model.
Have you had previous experience with other issues as to what actually happens on reset dates?
BNB Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
