Buy 89.5 today. End Sep08, receive 102.56 value of shares plus one coupon payment of 5.2. Assuming you sell the shares you receive at VWAP of purchase price, equivalent rate of return is 66% per annum. The risk of selling at below VWAP can be mitigated against using CFD's.
gnspa showing 66 pct per annum return to sep08
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)