re: Margin Lending Question ... arthur Hi Arthur ... I know you...

  1. rembrandt
    5,822 Posts.
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    16/06/02
    12:14
    Post #: 25176
    re: Margin Lending Question ... arthur Hi Arthur ... I know you like installment warrants ...

    A curly question ... if you loaded up on BHP installment warrants (convert to FPO on payment of second installment) and entitled to underlying dividend and franking credits etc ... with the imminent float of BHP Steel and the 1:5 entitlement for FPO holders ... does this entitlement extend to installment warrant holders also ... mrs rem asked ... I said I thought so but would need to confirm exact position ...

    Thoughts anyone ... ?

    Given my view that BHP will be $12.00 plus by Dec02 ... installment warrants do look attractive for longer term holders ...

    Cheers ...


    This is only my view ... read the red stuff.
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