Hi boomeronrations I agree with your summation of hybrids.To me the risks of buying the hybrids are no different to the ordinary shares.So in the case of Paperlinx I would be hoping it pulls through as there may be nothing left for the hybrids as well?One that may tell a storey is the Babcock and Brown Hybrids... what actually ended up happening with those.I remember many discussions on the threads about how cheap and good the Hybrids were on Babcock and Brown?
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