"Still would have been misleading to SPARCS though. They are...

"Still would have been misleading to SPARCS though. They are only getting 0.2c which is both less than face value and less than last traded price."

SPARCS holders who hold to Nov 2010 will be getting their $1 back according to what BAM has said they intend to do.

I don't there is too many SPARCS holders who are complaining. In fact it is a massive sigh of relief I expect, especially for the NZ councils who have plenty of them.