CBH 0.00% 7.5¢ coolabah metals limited

What makes the notes attractive is not just the interest rate,...

  1. 2,233 Posts.
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    What makes the notes attractive is not just the interest rate, it is the fact that you are buying at a lower price, hold for a stated amount of time and then can convert into fully paid at a set conversion rate.

    In a company that is already producing, has good cash flow and is looking to grow on that very quickly as CBH are, its a pretty good deal.

    It is also much cheaper to issue to sophisticated investors due to the requirements.

    Arms
 
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