Wednesday, November 27, 2013

IBI Group Plummets Some More

A few weeks ago, I discussed IBI Group's debt as a potentially attractive risk/reward. Unfortunately, the company has since issued a very ugly quarterly report that has resulted in IBI's debentures falling to less than 40 cents on the dollar.Read more...

1 comment:

John said...

Hi Barel,

I believe the debbentures are convertible to shares at the company's will at maturity?

And it looks like I can't find a broker to buy this outside Canada.

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