Aren't you better off just buying the FPO shares?
Both are unsecured of course, but the shares are far more liquid.
The shares are down about 50%, so if the Company recovers then that's 100% return. $12->$24 thereabouts.
If you want leverage then there are plenty of warrants - better than a margin loan.
Just my dumb ol' views.
BNB
babcock & brown limited
Aren't you better off just buying the FPO shares?Both are...
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