CBH coolabah metals limited
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MmmmkI wonder how they managed to get $200M of noteholders in...

  1. ricee007
    434 Posts.
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    09/09/09
    21:56
    Post #: 5622028
    Mmmmk

    I wonder how they managed to get $200M of noteholders in the first place!!

    Yea, $55M IIRC. Read every page of the Trust Deed (useless), the note disclocsures, the financial report and a billion other ASX announcments.....

    Doesn't seem like a good deal...

    But, CBH could easily be 80c by 2012, which would make it a VERY fantastic deal....

    Just, too risky for me:)

    AFter BBI, I think I might settle for something safer ( i was hoping a convertible note, but not this one!)

    Cheers
    CBH Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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