MXUPA still carry a fair bit of risk, as their ultimate parent company, Brookfield Asset Management is carrying a fair bit of debt. Lucky for noteholders that Brookfield Multiplex operate primarily in Australia, where property prices are holding up well.
AAZPBs are a far more secure investment after the capital raising, and the price reflects their security. I wouldn't be surprised to see GMPPAs trading higher after Goodman complete their raising.
Here's a bit of night-time reading for those interested in Brookfield-Multiplex's parent in the US: http://rbcpa.com/companies/BAM_notes.html
- Forums
- ASX - By Stock
- MXG
- mxupa
MXG
multiplex group
mxupa, page-13
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MXG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online