Watford
Agree with your comments. I purchased BNBG a couple of days ago for $75, and will top up today.
Convertible notes such as this can be used as a lower-risk equity play. Face value $100, matures in around 2 years.
Implied yield (takes into account capital upside) looks excellent at current prices. Face value is returned to you on maturity.
Hope everyone takes the time to have a look at this one.
Puff
BNB
babcock & brown limited
WatfordAgree with your comments. I purchased BNBG a couple of...
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