MXG multiplex group

Another one missed is possibility of a buyback at a discount to...

  1. 1,115 Posts.
    lightbulb Created with Sketch. 1
    Another one missed is possibility of a buyback at a discount to face value. At $33 the effective interest rate is 3x(BBSW + 1.9%) - which is currently about 15% rising to 23% in April 2010. If BAM can borrow money significantly cheaper that this then a buyback makes sense to them.
 
watchlist Created with Sketch. Add MXG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.