re: Wespac Robs Self-funded retirees! - CSM Conver Groundzero,
The best I can suggest is to buy into the CSM Convertable Notes to be listed shortly. The initial issue price was 80c. They will be returning an interest rate of 11.5% per annum. Redemption at face value on 31/03/05 if not converted before then. With CSM being recently revalued by Bell Potter at $1.10, you should expect the notes to increase in value on top of your 11.5% interest. So your 360K should be worth considerably more by 2005, especially if you reinvest the interest.
Good luck!
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