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India Project Bond Strategy - Live Q&A tonight from 7pm (AEST), page-38

  1. 147 Posts.
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    Hi @ECTRep
    Thank you for your engagement with those interested in the company. Solid announcement to the market today as well, I cannot these are not easy to work.

    Apologies if I misunderstand the concept of the bond, however if the bond is placed, ECT fulfills its obligations and the bond can then be returned, why would a buyback need to be executed? Wouldn't there just be an intermediary holding the shares and a fee associated with the value they are holding, and proportional to the time it is held?
    Thanks,
    STock
 
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