Several trades TIMPB gone through; maybe funds buying?
Having done some calculations, this hybrid strategy also applies to:
GNSPA 66% per annum to Oct08
IANG 24% per annum to Mar10
BNBG 41% per annum to Nov10
AAZPB 70% per annum to Sep08 (affected by GPT sentiment)
MXUPA 40% per annum to Apr10
BEPPA 30% per annum to Jul12
TPAPA 23% per annum to Oct11
They all represent tremendous value but the stand out buys in my opinion are:
MXUPA (strong parent company now and cash payout expected at Step Up date)
AAZPB, GNSPA (great return for two and half month hold)
Others with yields in excess of 50% per annum are GTPGA, GTPGB, AFGHA and AHUG but these are too high risk for me!
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