A2M 1.20% $6.31 the a2 milk company limited

Not quite, what you are talking about will only occur if a...

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    lightbulb Created with Sketch. 333
    Not quite, what you are talking about will only occur if a liquidation event occurs which won't, bondholders will agree to a deferral of redemption and interest at worst.

    And remember they rank ahead of shareholders.
 
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